It is about the future Stweeve,Nine and Fairfax (especially Fairfax ) have a long history in the Aus. media.There is a place for Netflix and Streamco and it is important that they get there first.Taking over QFX just makes it a bit easier and for peanuts,but for shareholders currently holding at 0.0011 there is quite a bit of upside.
Do I believe QFX can go it alone? NO
As I have said before on this forum,Langsford has founded and sold 2 businesses to ASX listed companies in the past.QFX has taken a bit longer to develop ,but,as I have said I am backing management to deliver something for long suffering shareholders.
It is a risk I am willing to take at this point in time.IMHO
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