Articles On Xtek (ASX:XTE)

The preferred, often heroic index of the Australian small cap, The Emerging Companies XEC has shed 2.4% today, to add to the haemorrhaging of the last four weeks. The ASX200 (XJO) has closed just 0.2% lower. If this is a cash rate thing, wh...

Central Banks have their fingers on the fun button this week, and the markets are pricing in the big push. The Emerging Companies Index (XEC) has been sunk on day dot, down 2.3%. The S&P/ASX 200 index was down 1.2% at 4.15pm, with this...

ASX posts steady gains on Tuesday Activity stays strong in the small cap resources space US stocks futures pointing ~0.3% higher Local stocks shrugged off the post-Easter food coma with solid gains on Tuesday — a calm session in what’s be...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Defence specialist XTEK (XTE) receives $2.35 million worth of purchase orders from undisclosed international customers Three of the orders are for the supply of specialist ballistic armour products valued at $2.15 million The three orders...

The Xtek Ltd (ASX: XTE) share price exploded today after the company provided a positive announcement to the ASX. Xtek shares finished the day up 10.87% to 25.5 cents. This means that, in the past month alone, the defence contractor’s shar...

XTEC (XTE) receives a purchase order of $3.2 million from an undisclosed international customer for an urgent supply of specialist ballistic armour products CEO Scott Basham says that the urgent order is “another example of the group’s cap...

ASX Emerging Companies (XEC) index has closed 1.5% on Tuesday Index now over 10% the better since February 22 Tuesday winners: ResApp (ASX:RAP), RiversGold (ASX:RGL)    The ASX Emerging Companies (XEC) index is 1.5% higher in late trade....

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The Emerging Companies Index (XEC) climbed more than 2% higher on Thursday, before closing at 1.9%, while its benchmark colleague – the upmarket ASX 200 followed Wall Street’s ascendence, trading up a shade over 1% after the Fed lifted inte...

The ASX Emerging Companies (XEC) is 1.1% higher on Thursday, while the boring old ASX200 (XJO) is 1.2% higher. Here’s my overnight summary – a brief cessation of hostilities; a momentary lapse of reason; and everyone just chilled for a seco...

Highlights  XTEK Limited has secured a new purchase order from the Commonwealth of Australia's department of defence. The order is placed for the 'Wasp' Small Unmanned Aerial Systems (SUAS) systems of XTEK. The order value is AU$2.75...

Defence specialist XTEC (XTE) receives a $2.75 million purchase order from the Australian Department of Defence for its “Wasp” Small Unmannered Aerial Systems (SUAS) systems The new order adds on top of other orders made by the Department...

XTEC receives a purchase order of $2.75 million from an undisclosed customer for an urgent supply of its specialist ballistic armour products XTE CEO Scott Basham says that the urgent order is a “great demonstration of the Group’s capabili...

Looking the goods ahead of the open, the ASX has been given a hideous Monday haircut, down about 1%, after the White House floated a thought bubble on slapping Russia with an oil embargo. Offshore markets have now overcome their initial pan...

Russia’s invasion of Ukraine has drawn condemnation from much of the world, but the fighting could present defence companies with opportunities to showcase their ability to provide much-needed support. One such company is ~$73 million defen...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Australia’s commitment to developing and defending against missiles faster than the speed of the sound is at the fore following the opening of a $14 million state-of-the-art Hypersonics Research Precinct at Eagle Farm in Brisbane last week....

The Australian Academy of Science reckons we are too reliant on data from foreign-owned satellites in weather forecasting, resource and water management, and even disaster management. It’s a fair point – the recent crazy footage video of th...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

The ASX had a positive finish to the week although it is in negative territory for the week. The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday. Today, the only...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI).   Bitcoin proxy Digital assets are just about everywhere at the moment, so it’s perhaps no surprise to see them popping up on t...

Douugh up after doubling US customer base in Q1 FY22 Zeotech targets international patents to support commercialisation Janison Education to acquire Quality Assessment Tasks for $2 million   Here are the biggest tech players in early tra...

The ASX had a positive start to the week, driven by financial and travel stocks, despite global markets being overshadowed by the latest developments in the Evergrande saga. Evergrande’s shares in Hong Kong were suspended from trading after...

The Xtek Ltd (ASX: XTE) share price is freefalling on Monday following the company’s update on its latest equity raise. At the time of writing, the defence contractor’s shares are fetching for 28 cents, down 23.29%. What did Xtek announce?...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...

The ASX finished September on a solid note but not enough to avoid the worst month since March 2020. The ASX 200 closed at 7,332 points which was 1.88% higher than yesterday but nearly 3% lower than it started the month at. However it is up...

The new AUKUS Pact announced last week could be a significant opportunity for some ASX stocks. The increased spending on defence has for many months been highlighted as an opportunity for companies in this space. In 2020 and 2021, defence s...

As billionaires Jeff Bezos and Richard Branson blasted off for joy flights this year, investors’ thoughts have turned to space. For many decades, the prohibitive cost of sending humans outside earth meant space travel was monopolised by th...

The Commonwealth is set to outlay $1 billion from mid-2022 to establish a Sovereign Guided Weapons and Explosive Ordnance Enterprise, and Electro Optic Systems (ASX:EOS) is primed and ready to take a chunky slice of the pie. It’s part of th...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the def...

Summary Pursuit Minerals (ASX:PUR) sky-rockets 34% on geochemical findings at Warrior Avecho (ASX:AVE) completes pharmaceutical CBD soft-gel product design, shares surge Airtasker (ASX:ART) enters the US with Zaarly acquisition Th...

Summary The ASX 200 trades lower by 15.90 points or 0.23% at 7003.70, led by losses in energy and material stocks.  Retail giant Kogan is the top percentage loser on the ASX, while EML Payments emerges as the top performer. Technology...

Our summary of Xtek Ltd's recent announcement What has happened? XTEK (ASX:XTE) announced that they have signed a Memorandum of Understanding (MOU) with leading French space technology company MECANO ID to accelerate their move of becoming...

Summary Ookami has announced that its the capital raising has closed fully subscribed. AnteoTech closed a AU$8 million Share Purchase Plan (SPP) on 18 May 2021. XTEK has signed a Memorandum of Understanding (MoU) with MECANO ID, a Fre...

Our summary of Xtek Ltd's recent announcement In a surprise market release, XTEK announced that it had appointed Brigadier Mark Smethurst DSC, AM (Ret’d) as a Non-Executive Director of XTEK, effective immediately. Brigadier Smethurst’s sign...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The ASX was in the red today losing 0.9 per cent. Tech and telecommunications were the only sectors in the green while materials and energy were the greatest laggards losing 1.57 per cent and 1.31 per cent respectively. The ASX 200 closed a...

The Xtek Ltd (ASX: XTE) share price is seesawing in late-afternoon trade after coming out of a trading halt. The company announced a distribution agreement and lifted the restrictions that were placed earlier yesterday. When news broke, th...

Our summary of Xtek Ltd's recent announcement What has happened? XTEK (ASX:XTE) today announced that they have signed an exclusive distribution agreement with KeyOptions Pty Ltd for the sale and support of Virolens® in Australia, New Zealan...

Today the ASX was down a 0.3% and only materials (resources) and industrials were in positive territory. These two sectors rose by 1.3 per cent and 0.33 per cent respectively. But the ASX 200 fell 0.36 per cent to 6,800 while the ASX Emergi...

Our summary of Xtek Ltd's recent announcement What has happened? XTEK (ASX:XTE) announced their latest operation updates in a Finance News Network (FNN) conference presentation released today. The FNN conference provides an opportunity for...

The Xtek Ltd (ASX: XTE) share price was shot down as losses in the group widened substantially even though its results weren’t as bad as the headline numbers suggested. Shares in the defence equipment supplier crashed 6.6% to 57 cents this...

Our summary of Xtek Ltd's recent announcement What has happened? XTEK (ASX:XTE) announced their half-yearly cashflow and activities report showing an increase in gross profit to 26% compared to 18% in 1H FY20. The Company reported a 23% dec...

Thursday night last week, space stocks popped on Wall Street. Shares in Virgin Galactic Holdings Inc (NYSE: SPCE), Maxar Technologies Inc (NYSE: MAXR), and Stable Road Acquisition Corp Class A (NASDAQ: SRAC) all jumped more than 19%. The r...

The Xtek Ltd (ASX: XTE) share price is on the rise today after the company announced its United States subsidiary, HighCom Armor Solutions, has received new customer orders. This comes following Xtek gaining approval of permanent export li...

The Xtek Ltd (ASX: XTE) share price is edging higher today following the appointment of a new non-executive director. At the time of writing, the Xtek share price is up 0.81% to 62 cents. In comparison, the All Ordinaries Index (ASX: XAO)...

Our summary of Xtek Ltd's recent announcement Former Minister for Defence Christopher Pyne appointed to the XTEK Board In a surprise announcement from XTEK today, the company appointed former Minister for Defence Christopher Pyne appointed...

Our summary of Xtek Ltd's recent announcement There's lots to cover in the latest XTEK update, with a brand new investor presentation released and linked below. The presentation provides a great overview of the current business and covers t...