The independent analysis report by Vantage Analysis of 20 October 2006 (http://quiktrak.com.au/downloads/Initiating%20Coverage%20Report%2016%20Oct.pdf) gave a share price valuation of:
16.5 cents with Beijing failure.
38 cents with moderate Beijing success
$1.45 with the minimum sales targets.
That doesn't include any valuation for the South African network.
Seems to be oversold and undervalued at the moment.
Anyone have some constructive comments on this valuation?
QTK
quiktrak networks limited
