yeah it's not trading on fundamentals currently... cash and inventory at $31m, they made $6m for the half and have contracted orders in hand of $30+m, at 48c we're trading at 1x half yearly revenue while being profitable and no debt issues.
As others have said, the SP drop is probably the large holders selling, we'll see when disclosure statements are lodged.
Ann: XTEK Limited H1 FY 23 Results - Investor Update, page-86
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