As a holder of KAR, a friend of mine was massively underwater when the share hit 30c in March 2020. His friend, who was even more heavily underwater in KAR bought up and massively increased his holding. The share is currently 1.95 and my mate wishes he’d followed his friend in at 30c.
QFE has a good product, a scalable business model and growing revenues. In my opinion it’s incredible value at 12.5 cents and I’ll be a buyer to DCA at those levels. My thoughts only please DYOR.
Ann: Investor presentation - H1 FY22 results, page-34
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