They just had the company head honcho on Sky Business waxing lyrical on those things you've mentioned, I didn't know much about QHL so thought I'd take a look. Looks like they're going to need a lot more in the way of profits going forward because Commsec is telling me they have Debt/Equity 234% and Net Gearing 185%. So you're right, it's a punt, a long term one by the look of things, especially on the debt front, or perhaps I'm missing something.
GLTAH
Maiden Profit, page-2
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $19.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.0¢ | $15.10K | 56.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 472 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 35129 | 3 |
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| Last trade - 15.29pm 04/10/2024 (20 minute delay) ? |
| QHL (ASX) Chart |