QHL 5.36% 29.5¢ quickstep holdings limited

QHL looks to EV battery casings and the Aussie defence market, page-2

  1. 4,660 Posts.
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    That's old news not sure if that will help you ramp up the stock..... normally post on HC is about latest news first time seeing someone using old new to ramp-up price.

    latest business update issued in March 2021 is :

    Monday 22 March 2021: Quickstep Holdings Limited (ASX: QHL) (Quickstep) has been informed by
    Chemring Australia (Chemring) that Quickstep’s recent proposal for the supply of MJU-68B flare housings in
    the FY21/FY22 period from Quickstep’s custom-built flare housing manufacturing facility has not been
    successful.


    The grounds for this decision are contestable and Quickstep hasinitiated a formal protest to the United States
    and Australian Departments of Defence in respect of Chemring’s decision. Quickstep will update the market
    if there are any further developments as a result of Quickstep’s protest.

    Quickstep’s recent FY21 guidance in relation to revenue and underlying base business profit before tax (as
    set out in the ASX announcement dated 23 February 2021) did not contain any allowance for the proposed
    supply of MJU-68B flare housings, so there is no change to Quickstep’s previous outlook statement or FY21
    guidance.

    Authorised by the Chairman (Patrick Largier) and Chief Executive Officer (Mark Burgess) of Quickstep
    Holdings Limited.
 
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