HCL 4.00% 12.0¢ highcom limited

Ann: XTEKs HighCom receives A$2.7m US Government Order, page-17

  1. 156 Posts.
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    Hi Romans, yes the right acquisitions could certainly add value but we have an immediate problem. As I see it XTE is suffering from a decade in which great promises were made but not delivered. There were repeated capital raises and a perception too much of funds raised went on fees and overheads. The reality is that while the previous management made some bad decisions they also acquired HiCom which is now delivering. The current management has refocused and slimmed down but the problem I suspect is that XTE remains off the market radar and apart from those of us who follow it closely is known for the past decade and not what is happening now. In that sense a dividend on top of what I hope will be a great set of numbers in the next few days could see XTE taken more seriously and as others have said, we get a valuation reset. Of course whether any dividend is feasible and when will depend on those numbers and continued sales success.
 
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