south african equity stake blue sky is here, page-2

tuckshoparms, you're right on the money. Good to see someone else doing their research.
Did anyone else bother to read the QTK announcements and realise what is happening here.
Sadly all we hear about on the QTK postings is some EX QTK shareholder who's been smelling the coffee and listening to some dimwit who wouldn't have a clue.

QTK made the announcement

" The company has received expressions of interest from several South African based investment companies who have expressed an interest in acquiring equity in the South African operations of QuikTrak. QuikTrak is in advanced negotiations with several of these parties and expects to finalise a sale of up to 25 % of its South African subsidiary before 31st December 2008."

Do you really think that Mark Pallister would even consider a 25% equity stake in QTK SA for less than $20 million.

AND, who are the "South African based investment companies"

Tuckshoparms, did you do the googling and guess who it is??

AND, yes I agree

"Current share price does not reflect any where near what the potential share price could be!"

Good luck to all QTK holders.