CTQ 0.00% 1.2¢ careteq limited

CTQFirst research report issued on CTQ.Interesting read. The...

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    CTQ
    First research report issued on CTQ.Interesting read. The important thing is they are moving towards revenue neutral. They quote here end of 23 year. I assume they mean financial. However even if takes longer is only relevant as to cashflow and any future capital raisings. The way the MD buys the stock I assume they feel they'll escape another raise.

    I think CTQ listed too early but they now seem to be getting into their stride and the USA is a huge market for them. This will be a slow but steady operation. Experienced Board ans product mix improving all the time as is their variety of target markets.

    This group put a TP of 22c on them. Considering their cap that's not huge but like all these companies it is all in the numbers.

    Report attached.

    CTQ-Report-Final3.pdf
 
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