It looks like XTE's proprietary products are starting to be recognised at last. The significant number to me in the report is not the latest $2.15m for armour products but the total new orders for the last 30 days exceeding $13.2m. Combine that with the reduction in ongoing overheads and the reports of further significant enquiries for armour products and XTE could be coming good. It would really help if they could convert the Virolens kit into working capital even if they had to discount it to do so.
It looks like XTE's proprietary products are starting to be...
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