The price that QTG has come down to appears a joke.I guess that the stock arbitrage buyers are bailing at any price now after the failed GWA full scheme takeover.The company has actually now been de risked as with the API sale almost all debts have been paid back.This leaves a company with $25 million revenue with an EBIT of $1 million for the Q Video and alarm systems.With little or no debts you don't have the high interest costs the company previously experienced.Also they still talk about a merger or sale and my figures tell me that major holder Helmsman have paid higher prices.
QTG Price at posting:
1.0¢ Sentiment: None Disclosure: Held
