QTK quiktrak networks limited

qtk's placement to pratt family

  1. 8,265 Posts.
    lightbulb Created with Sketch. 1
    just going through some numbers on this placement.
    if we forget about this weeks share price and i think we have to say the placement was NOT done this week.

    Takes a little longer then 3 days to organise $4m

    the 7 day weighted average of QTK last week would have been around 28c to 30c

    using 30c as an average

    Pratts paid roughly a 20% premium to get their holdings.


    IMHO
 
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