i mentioned on another forum last night to strato that it would be interesting to compare qtk's quarterly report with lum's...
qtk revenues 800k odd v lum 500k odd.
qtk like to make it sound like infrastructure costs are an asset but nevertheless i see it as a cash burn. either way you want to look at it qtk had between $600k to $3.6 million worth of operating expenses for a whopping reduction in cash for the quarter considering the bell potter convertable notes. LUM burnt around $300k odd.
QTK market cap close to $80 million, LUM close to $5 million. Where is the better value?
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QTK
quiktrak networks limited
i mentioned on another forum last night to strato that it would...
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