I think the market and investors are underestimating how my previous comment on being included in the All Ords and soon ASX 300 would be a catalyst in driving the SP higher.
Today's announcement of the impact of floods and Covid, is disappointing, but out of the control of QHL, and also minimal to the forecasts.
I hope Mark and management can provide a more detailed outlook, i.e, MRO and if there are any nice surprises, and if the investments in Drones might lead to an unrealized capital appreciation (maybe a series A, B funding round in the works).
Notably, has there been any insurance to help the business from the floods/covid utilize force majeure to mitigate any of the 'losses' incurred?
Well, this dip does represent a buying opportunity for keen investors.
Do hope the buying resumes and this is just a blip, or distraction!
Post Consolidation- WORSE OFF, page-58
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Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $28.33M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $612.3K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 552992 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3270 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| QHL (ASX) Chart |