Reading between the lines of the last QRTLY report, QFX are looking for investment or TO and are in discussions with potential business partners. Sounded like USA companies were in competition or trying to discredit QFX, Nine ENT passing pref shares to Streamco and the NOT KNOWN discussion with QFX was a blocker.
It will be interesting to see the next QFX QRTLY report to see if there marketing and portfolio plans have provided more fruit, I still believe there is a deal going on, Nine & Streamco will want to eliminate competition, simple business rule and QFX will be in their sight.
QFX Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held