I saw the news on the Today show re Westpac inroducing fingerprint tech on ATMs by 2007 the next 12 to 18 months will be sensational for BQT. This is what I have been alluding to in part(other growth areas via association). Not everyhing is just resting on Monaco, that is just one client with a different product(although a decent client in size). Wait till Wespac and all the other banks utilise fingerprint or iris technology at ATM's installed to fight fraud. Its all about fighting fraud and BQT are well positioned to move forward.
People must realise this is an evolving field in the security arena with BQT now at the forefront, why set up a new commercial division based in Qld...work it out?
Not one pie but they are into the whole bakery!!!!!!!
It all takes time and R & D and BQT have done that. It is about evolving with and for the market, first the baby crawls then walks then runs. Not like some companies who spruke and the SP starts at $2.50 and then they have not performed the R & D, planned the growth and they fall back to 30c to a $1 because of incompetence.
Multi government contracts, defence, overseas markets, banks, commercial areas etc, etc. look for the huge growth in the next couple of annual reports, huge income potential and tax offsets because of previous reports and gradual setting up and development. Get set or get out your choice.
BQT has been developing and setting up for growth, not starting big and failing because they are unable to perform like skg or lok.
A little research goes a long way, money for traders if they play it right but even more for holders medium to longer term.
BQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
