This was quite poor from management imo. They say in this announcement that they mentioned the Samsung master distribution agreement being awarded elsewhere back in the May update, but the May update only consisted of one sentence regarding this, and they did not elaborate on the potential negative impact of this, yet were happy to elaborate on all the positives. I tried to contact them in early June to run some questions by them (as they did/do look cheap) and was told they cannot answer my questions under ASX listing rules, which is the first time I have ever heard that. My questions were standard run of the mill/better understand the business questions.
That said the financial impact here is certainly negative but not huge, but communications could have been better. Has anyone here been in contact with management?
QTG Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
