it must be very frightening for shareholders at present. the market cap is still around $28 mill so could fall much further yet if they dont begin to deliver something.
i mean, there literally is no bottom when it comes to stocks that are not profitable, look at lum, now floundering close to 1cps and lum's revenues are not far behind qtk's. and lum has only a little over half the script of qtk. and lum has zero debt whereas qtk owe the bell potter noteholders $5.5 million.
the australian revenues appear to be shrinking, china beyond square one, south africa who knows, managements credibility is in tatters - it is just a diabolical story.
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QTK
quiktrak networks limited
it must be very frightening for shareholders at present. the...
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