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Just before 3pm 445,000 shares at 27c taken out in 2 quick hits ......news on the contract coming very shortly I'd say....never quite closed the gap around 22c getting to 23.5c before on the rise again...
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In reply to: ktqld on Monday 04/07/05 04:27pm

Now at 28.5 on 1.5 mil turnover.

 

It appears some big boys are now getting set.

 

There has been so much hype and speculation that many do not want to be out whenever any confirmation is made.

 

Can BQT can meet the hype?

 

Nifty http://www.sharescene.com/html/emoticons/wub.gif

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Yes indeed ... a nice little contract. I not with interest they are negotiating with other prisons for further installations of the IVMS. Sooner or later the price will begin to relect all these contracts. http://www.sharescene.com/html/emoticons/rolleyes.gif

 

R/Di

 

QUOTE
Thursday 7th July 2005
BQT SolutionsÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ delivers its New Iris Biometric Visitor
Management system for Victorian Corrective Services
Stage 1 - Value $250,000
John Genner, Managing Director of BQT Solutions Limited announced:
BQT has been awarded the contract to design, supply and deliver the BQT Iris Visitor Management System (IVMS) for two new correctional facilities in Victoria, utilising the Biometric measurement of the human Iris pattern. This is a requirement by the
State to clearly identify all persons entering an existing the correctional facility.
The BQT IVMS will allow the management of Visitors for day to day visits as well as ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“checkingÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ Staff, Professional & Office Visitors, and Prison Officers to ensure they have not been previously enrolled as an Inmate Visitor. A Visitors Iris pattern is
scanned not only at the point of arrival but also upon exit, ensuring that the guard is escorting the correct person out of the facility.
Iris recognition technology identifies people by the unique patterns of the Iris. The Iris is the externally visible coloured ring around the pupil of every human eye. The Iris forms a distinctive pattern that forms randomly in the utero in a process called chaotic morphogenesis and does not change in one's lifetime. Like a snowflake, every iris is absolutely unique. This uniqueness is the core of iris recognition-the most accurate, stable, scalable and rapid human authentication technology available today.
The BQT IVMS will enable BQT Solutions to win more projects within the corrective servicesÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ area, not only in Australia but globally through our international offices. This solution is the ideal application to be applied within a prison environment because of the high level of security it offers.
BQT Solutions are currently in negotiations with other prisons across Australia to utilise the BQT Iris Visitor Management
System.
John Genner
Managing Director
BQT Solutions Limited
For further information, please visit our website www.bqtsolutions.com or contact one of our global offices, contact details below.
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In reply to: ro10 on Thursday 07/07/05 11:19am

ro10,

 

The big one must still be coming - Genner must believe this as well.

 

It is interesting to note that the last bundle of shares that Genner bought "on market " was at a cost of 28.5 cents.

 

Rob http://www.sharescene.com/html/emoticons/rolleyes.gif

 

 

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In reply to: diana on Thursday 07/07/05 01:57pm

QUOTE
Sooner or later the price will begin to relect all these contracts

 

At 27c, it probably already is reflecting them quite adequately. As these small fry contracts continue to roll in, the current sp level becomes increasingly justified.

 

But BQT is baited up for at least one huge catch. At the moment, the market is discounting its chances rather severely. This market scepticism may frustrate some BQT followers, but it suits others perfectly.

 

Even with a 50/50 probability assignment to the event that it will win the contract alluded to on June 9, 27c represents somewhat of a bargain.

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In reply to: ty.webb on Thursday 07/07/05 02:23pm

Yes indeed ... the chart says bargain. I was expecting the BIG ann before now ... still I spose it all has to be properly processed ... at least I hope that's all that's holding up the works.

 

So is there any chance of a return to the 2000 highs of $1.11? http://www.sharescene.com/html/emoticons/wub.gif

 

R/Di

 

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In reply to: diana on Thursday 07/07/05 02:55pm

QUOTE
So is there any chance of a return to the 2000 highs of $1.11?

 

It really depends on just what they announce with respect to their "international client". They have flagged revenues of $85 million over the first several years of the deal. If the nature of the deal lends credibility to these forecasts, then $1.11 should be attainable, especially seeing as how they have fingers in some other pies as well.

 

 

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In reply to: ty.webb on Thursday 07/07/05 02:23pm

QUOTE
Even with a 50/50 probability assignment to the event that it will win the contract alluded to on June 9, 27c represents somewhat of a bargain.

 

Any thoughts as to what price the stock would fall to if the deal doesn't eventuate ?

 

I think todays announcement was just a follow up from the announcement on April 27th, can you confirm the locations of the prisons on both announcements ?

I'm pretty sure BQT would have clearly pointed out that it was an extra two prisons on top of the two that they won in April, if that was the case.

 

Comments ?

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