Ann: Quickflix Enters MOU With Chinese Content Company, page-75

"QFX is changing direction. It will no longer be thought of solely as an Australian company, but a company invested in production in China."

again, nothing more than a non-binding memorandum of understanding. have heard it all before, back in may when qfx announced "foxtel presto reseller agreement". only thing missing this time is the cr, guessing that will come early next week.

"I am confident this will have legs once sellers have finished."

no shortage of sellers, only a shortage of buyers. no buyers willing to push this higher, imho, a case of "once bitten, twice shy" from the last time qfx announced an agreement.