Im not worried smuggler.
Before ASIC struck the market did "believe" and QTK got to 47c and was headed for blue sky on the basis of the one deal in Beijing! ASIC then hit us and the market panicked on the back of Mr Pratt pulling out after his attempts to screw QTK for a cheaper placement failed. Well since then Mr Pratt has found himself on the other side of the fence and is the last person that can throw stones at Pallister.....
So essentially i view it that we have had a ridiculous pullback (40%) from the high's on the sole basis of Pratt pulling the pin and Pallister being charged with an alleged offence which is totally unrelated to QTK.
And since this time the contract in China has at least doubled with the winning of the Hubei Province deal NOT to mention the static alarm system!!! Sooner or later people are going to have to catch on!
QTK
quiktrak networks limited
