Have been following QTG for a few years.The company trades at a discount to Net tangible asset (NTA) which is 1c.The company has recently picked up new customers and reported half year revenue of $9.9 million after a revaluation of its products.Based on what I can see it needs to lift revenue by at least another 10% to start making a profit.The top 3 companies in this field are QTG,CSD and Hills.I am told CSD and Hills sell over $40 million per annum.As with any business it is mainly about revenue and if QTG can keep increasing revenue it will be going in the right direction.Last cashflow they reported they had two consecutive quarters of revenue growth 7% and 14.7%. The company is on a very low market cap and tightly held.
QTG Price at posting:
0.4¢ Sentiment: None Disclosure: Held
