QTK quiktrak networks limited

I think you guys are going around in "circles" again with...

  1. 11,407 Posts.
    I think you guys are going around in "circles" again with QTK.

    Why question the minute trading going on and speculating if its buyers buying or sellers selling.
    It both, but doesn;t semm to move the share price.

    Quiktrak showed us their true colours over the last 2 years with their $1 billion contract in China.

    Before that...even more bad news. Its been bankrupt before their and imo its heading back there.

    To me its on its last legs. Cant get funding anymore so one director is currecntly propping the company up to keep it paying bills and keep it listed on the ASX.

    So what are they going to do? Is MP going to try sell it off to some unsuspecting buyer for a premium?

    I doubt he would be able to offload his shares on the market....QTK might hit half a cent or lower if he tried.

    Mojo, by the way....are you Mark Pallisters son in law?

 
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