Ahhh XTE, you never fail to disappoint at disappointing...

Ahhh XTE, you never fail to disappoint at disappointing holders.
Today we got the update you wanted....

Today see's a new 6 month low on high volume, just 25% above the March covid lows.... that makes XTE one of the worst performing listed companies on the ASX.
Since 2009 this has gone absolutely nowhere....

Macro events being unprecedented civil unrest, record consumer gun sales etc should have been tailwinds here....
The silence around the (lack of) progress on space programs suggests nothing happening there, not a single update.

Lied to the market that XTclave was ready to go back in March 2020, only coming clean ~9months later....
"XTEK’s XTclave™ Manufacturing Centre officially opened in Adelaide in February 2020, providing a commercial
manufacturing ability for the market leading XTclave™ products, which include hard armour ballistic plates and
helmets. With the facility fully commissioned and operational, XTEK is well-placed to service growing interest
in its ballistic solutions."

Nowadays directors coming and going like a revolving door, can't even be bothered to provide an ann. to give a reason and say thanks for your contributions blah blah... free shares to employees are the priority... and the head honcho with the biggest salary doesn't even buy on market when the others do to give holders hope.

Now a last ditch effort to cash in on the covid hype with the Virolens.... in a completely unrelated industry that XTE have no experience in....
Seems the market has spoken, some major changes needed to the business model and BOD if this is to go anywhere.
Also time for XTE to restart submitting 4C's due to being unprofitable again....