I find it a bit strange that QTK just want certain asset from ZYL a payment that is equivalent to $2 million in QRT shares . ZYL currently has a market capital of Approximately $3 million (0.031 cents) it would easier launch a full takeover taking in to account that QTK has a market capital of $71 million.
Way have they structured this way, in my opiniion if they offer $ 2 milliion in shares at 19.5 cents it equates to 10.5 million shares to ZYL and increases QTK total market to $73 million but the market might not reflect that as you get diluted with more shares, until earning start to lift or make a profit.
The conclusion in my opinion is we dont know what we are sell these asset for and more importanty management ZYL should before EGM have independent valuation on these assets.
Any opinions?
qtk
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $80.52M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $100.9K | 5.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4860588 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 2004969 | 12 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AZL (ASX) Chart |