@Mikezal,
The reason it has been dropping is because the market hasn't picked up on the real futuristic value of QHL, and no news for ages.
The company did recently report a profit after years and years of loses.
Some company debt was paid and things are looking alot better financially for QHL.
Industrial defence & aerospace stocks are tough stocks to understand and they are obviously not as reliable as cyclical stocks, if you look at a few others in defence ... you will see they dropped substantially also. I see one larger company that has been hammered over the last month.
QHL hasn't released big news for I don't know how long, but a long time.
All it takes is a one contract win of a substantial value or similar and it will take off.
I believe today's sell was the bottom, as it bounced off .049 very quickly and at one stage it could have been at 0.06 in an instant as there was only around 260k shares @ 0.055 ... and the next was 0.06.
This won't take much to bounce off where we are now. imo
I am confident the CEO realizes the severity of QHL's current share price and I am sure we'll see news very soon that will kick this back into overdrive.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Go QHL !!
- Forums
- ASX - By Stock
- QHL
- analyst report
analyst report, page-14
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QHL (ASX) to my watchlist
|
|||||
Last
28.0¢ |
Change
-0.040(12.5%) |
Mkt cap ! $20.08M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 26.5¢ | $71.72K | 252.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18291 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 16850 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18291 | 0.280 |
1 | 11000 | 0.270 |
1 | 15807 | 0.265 |
4 | 44588 | 0.260 |
2 | 63500 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 16850 | 1 |
0.310 | 8413 | 1 |
0.320 | 13336 | 2 |
0.340 | 17750 | 1 |
0.350 | 3076 | 1 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
QHL (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online