QHL 5.56% 34.0¢ quickstep holdings limited

whats happening?

  1. 31 Posts.
    Can someone explain why QHL keep dropping? The SP got slaughtered on Monday. Today they finally issued a release to say that the conditions of the MoU related to the helicopter contract has been met, but they drop more.

    From my understanding of composites, it will inevitably be a huge market, particularly automotive and from what I can tell they have a reasonable product. Price of steel increasing, weight of cars reducing to meet emissions, there are not alot of alternatives.

    I'm struggling to work out why there are so many delays between MoU's, satisfactory physical testing and what appears to be generally good feedback on what they are capable of and the lack of any contract? Is is the T&Cs QHL are trying to license it under, price or some other reason. I just cant work it out.
 
watchlist Created with Sketch. Add QHL (ASX) to my watchlist
(20min delay)
Last
34.0¢
Change
-0.020(5.56%)
Mkt cap ! $24.38M
Open High Low Value Volume
34.0¢ 35.5¢ 34.0¢ $27.45K 78.24K

Buyers (Bids)

No. Vol. Price($)
1 21590 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 3565 3
View Market Depth
Last trade - 12.35pm 12/08/2024 (20 minute delay) ?
QHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.