QTK quiktrak networks limited

eh thejudge?, page-3

  1. 1,347 Posts.
    re: eh upwego? Excuse me upwego but with all due respect i have only for one very fleeting moment began thinking that Apex may want to cancel the placement and that was at the beginning of this week when it appeared to me that the shareprice could be heading down to 20c. I think this week has confirmed that the support at 24/24.5 is very strong, we have a triple bottom there. You yourself raised the issue and after the debacle with Thorney cancelling you cant blame anyone for the thought crossing their mind.

    Rather i have posted 99% of the time that it is my belief that Apex are playing with the shareprice to make the 30c look more appealling. And by the way, it is also my opinion that Mark's vote for the Apex placement is not necessarily in the bag! QTK do not really need their money to roll out the infrastructure, Mark's $4 million from the Thorney options would have been enough for that. There is a very good chance imo, that if the Apex placement doesnt get through that they will begin buying strongly on market!

    Having said that i have voted for it! From what i have been told Apex become quite active with their investments and they have previously bought telco stocks cheap, built them up and sold them off for multiples of the purchase price. I think smuggler has posted along these lines, a company of theirs was recently sold off for $1.3 billion, wasnt it smugs? I personally have no knowledge of that but i do now know how influential Apex are!
 
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