Come on, smuggles, why would I have you on ignore? I enjoy reading your posts. They are illuminating for a variety of reasons, not the least of which are the insights they provide on how to be a successful investor.
As for Zylotech, yes, it's quite clear to all concerned, inlcuding QANTAS, NGA, IBM, Siemens, Diebold, Patrick Corp et al, that they are indeed, as you say, going nowhere. Not only that, but going there so fast they will shortly exceed QTK's annualised revenue. As you yourself said, it was disappointing to see QTK's revenue decline last year, but surely just a short term glitch before China and South Africa kick in? Hmm. I wonder. Can't make a buck in Oz so off to where the grass is apparently greener. Well, we all know the lesson in that parable.
Either way, your tenacity and loyalty to what you believe in is to be admired, even if it does ultimately prove to be misplaced.
I take your point about Pallister and Zlyotech's price as he exited. It does make me wonder, operator that he is, how that was achieved. It also makes me think that if he can do that to Zylotech with none the wiser, as you appear to be suggesting, then is he doing the same to QTK? Food for thought, I guess, but what do I know? I'm just a mug punter, like you. Guess we'll find out soon enough. It wouldn't surpise me to see him pull one out of the bag, but for me, Zylotech is far more credible. Good luck.
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