I'm not so sure that this is a bad thing. If it goes through, they (we) get back the $14 m that they paid for API, (having written off the goodwill). Leaves The CCTV business for sale which could well attract other buyers who are only interested in CCTV and not locks.
What interests me is which precondition can't be met? HAs someone acquired 10%...or can't they get the agencies assigned..or ...or....?
I'm still picking Hills to come along and offer for the CCTV. I'm holding.
QTG Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held