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Full interview: XTEK's US acquisitions result in positive share price moves

XTEK Ltd (ASX:XTE) managing director Philippe Odouard updates Proactive Investors on the latest market news which have seen the company’s share price jump from 40 cents to the high 70s.

Odouard said the re-rating could be attributed to US acquisitions, including the newly completed HighCom Armour Solutions Inc deal.

HighCom is a successful and profitable global provider of proprietary body armour and personal protective equipment with a strong focus on the US market.

Oduard said the company now had a clear path to execute its strategy and expand into the US market.

Quick facts: XTEK Ltd

Price: 0.565 AUD

Market: ASX
Market Cap: $39.91 m

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XTEK Ltd with Proactive at the ASX Small and Mid-Cap Conference 2020

XTEK Ltd's (ASX:XTE) managing director Philippe Odouard caught up with Proactive's Andrew Scott while at the ASX Small and Mid-Cap Conference 2020. The business is focused on the delivery of protection and sustainment solutions for the government, law enforcement, military and commercial sectors.

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