This recent capital raise was a smart, forward-looking move.
From what I read, Excite is investing in differentiated national infrastructure, expanding its high-margin service capability, and strengthening its bid-readiness in critical government markets.
For me, this reinforces the company’s long-term growth trajectory and potential for sustained value creation in Australia’s cyber security and digital defence sector.
As always, it about execution and from what I've seen so far, things are progressing nicely. An easy hold for me in the options as I like the leverage.
EXT Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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