QHL quickstep holdings limited
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drifting south, page-3

  1. PeterN23
    1,118 Posts.
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    24/02/11
    13:38
    Post #: 7946623
    Hold.

    Buy if it drifts below 31c IMHO. Though I'd wait and see where support is below 31 before jumping in.

    Technically:
    Cap raise was done at 52c. What's happened in the interim. SP drifted to a support level of roughly 33c. Range traded above this in anticipation of JSF signing.

    Fundamentally:
    We have the first signature. A bit more clarity required with today's ann re 3 groups of LTAs... However the first signing is a significant step and paves the way.

    Hold and accumulate on dips is my call. Hold for the risk averse.
    QHL Price at posting: 32.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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