I am surprised the 1.215mill trade @ 1.8c on 7 June was so...

I am surprised the 1.215mill trade @ 1.8c on 7 June was so blatant given yesterday's announcement. Would be interested in seeing the share register to see who it was.

IMO the current offer is a predatory move and undervalues the potential of the company. It seems the major shareholder Helmsman (28.61% holding) wants out and IMO the offer is not in the best interests of the (remaining) shareholders. Would prefer to ride it out than give it away. Bit of a conflict IMO with the final "benefit" to s/h's.

"Benefits for QTG Shareholders
- Receive a significant premium for QTG shares – 100% to last closing price and 78% to the 3 month VWAP
- 100% cash consideration
- QTG’s capital structure is not optimal, with high levels of debt that has resulted in past covenant breaches and has restricted the growth of the business
- GWA’s offer has support of QTG Board and major shareholder"