EXT excite technology services ltd

looks like something is cooking

  1. 458 Posts.
    Good morning,

    I am observing the latest announcements and look to the following:

    1. the BOT for the last 30 minutes of trade yesterday wanted the share price stable for some reason. Normally this is done as a starting point to determine a VWAP (voluem weighted average price).
    2. RBC, the mining M&A firm, has hastily been appointed as Global Corporate Broker. RBC, has a deeper penetration in North America than Rothchilds, the other corporate broker/advisor to EXT.
    3. Adam Schatzker, the RBC analyst, yesterday put out an update note with a $12 price target on EXT.
    4. Kalahari is up 10% over the last 5 days. The discount of the EXT holding in KAH is almost gone.
    5. The Rossing South update was a clear signal to all interested parties with their eyes on EXT than the resource upgrade release for Q3 is on track, ie more pounds deliniated and more pounds moved into the measured and indicated catagory.
    6. The Feasibility Study for the banks is on track to be complete by Q4 2010.
    7. the EIA is also on schedule.
    8. Lastly, RBC is also the Corporate Broker/Advisor to Caledon Coal, the Bowen Basin coking coal company that has a take over offer from Polo Resources. Polo Resources owns 9% of EXT but has put their 9% holding of EXT up for sale via BMO.

    So there are no delays in terms of the mine rollout plan.

    Overall, the above is the clearest example of why there seems to be 'something positive cooking in the background'.

    Cait
 
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(20min delay)
Last
0.8¢
Change
-0.002(20.0%)
Mkt cap ! $16.58M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $24.16K 2.685M

Buyers (Bids)

No. Vol. Price($)
4 2745670 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 4498266 2
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Last trade - 15.47pm 20/06/2025 (20 minute delay) ?
EXT (ASX) Chart
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