QTG q technology group limited
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negative cash in kitty

  1. ironjack5
    3,265 Posts.
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    21/05/14
    12:57
    Post #: 13394791
    Well
    This one has NEGATIVE $1.3 million in the kitty (never seen that before, and a bank overdraft of $1.532 million dollars ....Slightly cash flow positive last quarter but does not seem to be anywhere near enough to extinguish these debts,,,

    In short, IMO this is an extremely risky proposition have seen others in a better financial position disappear of the boarse IMO..
    CR would be needed IMO urgently...

    Anyone like to enlighten me as am looking for a punt but steering clear of these types of no cash plays..too risky
    QTG Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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