smashed again

just how low can this stock go?

the market hates it, that much is clear. and they still have the $5.5 million bell potter noteholders debt hanging over their head. the cheaper the sp goes the more dilution when eventually they have to raise cash to repay that debt...

it is looking very bleak indeed, especially if as infoseeker has posted the technology is becoming outdated with the likes of ituran reverting to GPS.

the old qtk went as low as 1cps from memory but that had billions of shares on issue i think. amazing how this stock has maintained a solid downtrend since relisting in a blaza of glory on the back of the chinese announcements. classic case of a fast greyhound sprinting out of box 1 in a long distance race, establishing a break on the opposition, and then weakening at the half way point and failing to complete the race.....

imho of course.