This is my personal view on the QFX SP
Short Term (6-8 months) hovering between 8-10c.
Mr Alki David will then convert his loan balance into shares at rougly 5-7c per share giving him close to 70million shares
Long Term (Dec 2015) the SP will push a $1+
There are so many positives in this company's favour; National Broadband Network, multi platform capabilities, uncapped streaming from the networks on the way, increase in consumer streaming and their partnership with FilmOn.
I personally cant see Netflix being interested in the Australian market when they can concentrate on Europe's bigger population.
Long term buy for mine.
Good luck
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- short term 8-10c - long term $1+
short term 8-10c - long term $1+
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