BionicBoy, the 50 shares was just part of a 500,000 share buy, obviously just one seller today who sold his 50 shares.
As I said, look, listen and LEARN.
QTK does not normally average 50 shares a day trading, in fact the average is 427,439 shares/day if taken over a 12 month period.
As I said before....
You need to read the last announcement carefully, very carefully.
QUOTE
"Discussions with other leading security providers continue and QTK expect to sign further agreements to accelerate the growth of its South African operations."
Do you have any idea who Quiktrak will sign further agreements with??
You need to do some research, and then you may have a clue.
IF, Quiktrak manage to sign up some of the larger Security companies or vehicle trackers, and they roll out the network across South Africa then we will see an income potential in the $100's millions.
I gave some info and projected income figures before in a earlier post that the HC moderators thought they would moderate.
"Unsubstantiated ramping. Extremely optimistic price guessing there."
I do believe it is possible IF they can sign up some more big players in the South African Security market.
I think "Has MP finally pulled it off?"
YES
- Forums
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- watch this one
QTK
quiktrak networks limited
watch this one, page-44
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