Hey Marty,
On a firstly technical level, now we’ve had the retrace back to that old resistance 0.085-0.086 level or thereabouts, I’d love to see some new support here and a new baseline, so the next couple of days and weeks will be interesting. I haven’t checked the volume this morning for either the bid or offer side, but I’m hopeful of some decent support and enthusiasm at this level based on recent announcements.
Having said that however the Triumph tie up is only collaborative at this stage, as is ATR, and punters may be looking for hard contracts before they’ll push this SP onwards, so we’ll see. Still it’s a nice recognition by these partners on what QHL can offer, Qure/RST and improved margins for all parties.
Cheers...
QHL Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
(20min delay)