QTG 0.00% 0.4¢ q technology group limited

is it a joke, page-5

  1. 10,917 Posts.
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    Hi asf I agree with the points you make.To add to this if you look at the AGM presentation page 12 they talk about sales and costs going forward.On my calculation they are around break even requirying about $7.9 million sales for 4 months at 25.7%(actual $7.7 million).So if the sales pick up slightly they will be making profit due to their cost savings.If you look at the cap today of $1.76 million and the original deal with GWA was for $20.6 million and the API business was then sold at $13.1 million.I would be surprised if they sold the video business for $7.5 million now but I certainly reakon its worth a lot more than $1.76 million.I am sure helmsman will not be selling out at this price when they bought in at higher values.
 
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