"Try a 2 in front of it", states Smuggler. Great, that'll make it a billion $ capitalised company some time next year. Clearly the market, and the guys with the big money, which ultimately make these companies worth $1bill+, are not interested. Why not? Only my opinion, and it aint worth any more/less than anyone's elses, but why was QTK's ann. market sensitive today? It had no mention of earnings or revenues, it did not mention any significant capital expenditure, and it did not indicate that any orders or contracts have been signed which will have immediately (or in the near future) increase their earnings or revenue. HOw did QTK persuade ASX to make this market sensitive?
(NB I currently own QTK and indicated when I purchased)
QTK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held