EXT 12.5% 0.9¢ excite technology services ltd

UB, I for once agree with you. the quarterly report was not as...

  1. 412 Posts.
    UB, I for once agree with you. the quarterly report was not as bad as I feared. And in parts rather good. ANd no EXT arent bankrupt. Close but not yet :P

    But I must point out again just how bad EXT are at releasing news.

    Burnakura closed on 21st Dec 06... umm where was the ASX release? Also why wasnt there an ASX release stating that the mine closure plan production had exceeded expectations with 15% additional ounces mined for the quarter? This is great news and most definitely price sensitive info, yet EXT management decided to wait till the quaterly report before telling anyone (with the details hidden on page 5). Sorry, I still dont think this is good enough.

    Remember, they have to raise $10M soon. If the SP doesnt increase soon, what are the bets we see a placement at 8.5 cents or lower. Diluting the stock more than it has to be.
 
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