QHL 9.09% 40.0¢ quickstep holdings limited

Ann: Business Update, page-17

  1. 4,141 Posts.
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    To state the obvious the IPO was $2.50, based on the share split back in 2005. Trust I have my price correct
    So here we are at 23c stuck in the mud. As I type someone just dropped 24,000 at 23c. So that big order better watch out at 22c you might get hit and be stuck with the stock
    So that would be a lovely 90% discount to IPO.

    Glad you're happy about the discount but that's a woeful scenario that QHL is in.

    Don't know about you, but for all those who have been in this stock for a while probably don't feel the same way about the discount outcome.

    Burgess & Co cannot seriously think this is ok anymore.

    It's only a perceived discount for those who actually haven't been in this stock for an eternity.
    Unless one averages down like crazy, then it's throwing lots of $ in & hoping for sp appreciation.

    I sincerely hope for all those long-term holders these half-year results do the trick and they for heavens sake get someone to write a decent announcement.

    Shareholders have a right at present to be very dissatisfied with QHL.


 
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