QTK quiktrak networks limited

comments on capex Just looking through their announcements .......

  1. 57 Posts.
    comments on capex Just looking through their announcements .... The company doesn't seem to provide much information in regards to how much it would cost to build their network and transponders. They say they have enough money (6 $million or so) to manufacture the equipment and build the network, but does this sound odd? The 2 contract at hand is said to be worth around 1 billion, surely more capex is required to build the network. Or are they implying the cost of the network will be funded via various financial means such as a commercial loan .... Would like comments from others.
 
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Currently unlisted public company.

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