QHL 5.15% 25.5¢ quickstep holdings limited

Ann: Quickstep announces Board changes, page-9

  1. 199 Posts.
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    One step at a time Ande, let's find a new SP base firstly and build from there. The break below 0.09 and onto new historic lows has triggered some stops and exits for sure,
    however there has been some buying activity from the 0.078 low so hopefully we can form a nice wall of support from 0.08. We have new management making all the right noises and making changes we've all been crying out for, so time will tell. On the question of how deep, everyone will have a differing risk profile, just consider your own level of risk and what you're comfortable investing. What would happen if you lost all your investment? This company IMHO has the potential to be a game changer for those willing to take on a higher level of risk, they have the forward order book and revenues, they're now finally looking to improve their cost base and margins, there's a focus on shareholder return etc etc but there should also be a realisation on the part of the investor that we're dealing with a micro cap company here which is still to return a positive NPAT. The capitalised losses now exceed 100m after 10 or so years of operation, yes the company has progressed from pure R&D to a global manufacturing partner to some of the biggest OEMs in the world, however As Mark Burgess has said not making a profit is simply unsustainable and it needs to change.
    Cheers....
 
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Last
25.5¢
Change
0.013(5.15%)
Mkt cap ! $18.29M
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24.0¢ 27.5¢ 23.0¢ $136.1K 536.3K

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No. Vol. Price($)
1 10000 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 10000 1
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Last trade - 15.58pm 12/07/2024 (20 minute delay) ?
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