@Infinity09 100% agree. QFE appears to be a much hated stock right now no one wants to touch it.
Old Bruce still in shock thinking worst is over after last announcement almost two weeks ago. Probably still grappling with self interest, being under water for the 1st time and down a good 10c on each and every single one of his 23m shares since. Young Dale also impacted by dwindling foot traffic in shopping centres and flow on effects to his kids ride business.
TYR is arguably one of hardest hit and they are now doing weekly updates as a $500m company. QFE management can’t even do that as a $20m business. No idea on how much cash they have left and situation with their AU and US loan facilities.
@brucelee1, do you know whether their US staff are working from home or maybe already all stood down and given the redundancy? Maybe you can ping Formoe or Kennedy via Linkedin and see if they still have jobs?
