"Manufacturing is not a sexy investment in Australia. So I would expect a slow and steady build up of the company"
I agree, this is going to be a slow recovery for the SP, considering how badly its done over the last year or so I think many people will be keen to get out without losing money. This means there will be a steady stream of sellers the whole way.
While I've been watching the QHL share price, they have a history of having an announcement, share price jumps right up, then as everything goes quiet and nothing eventuates from the "exciting potential" the price gradually comes back down.
I think this time it will be a bit different, although there is no details of the contract in terms of what parts and the value, getting the first contract will be the hardest. Once they have the T&Cs of the PO signed and the contact is all set up, placing orders on and additional supplier is far easier than placing orders on a new supplier. For that reason I would expect QHL to have priced the parts fairly low to get a contract. Provided they deliver on the parts I think there will be more to come. Based on all the results of the testing to date, the technical side of things seems to be what QHL does do well.
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.42M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 21.0¢ | $29.52K | 137.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 154586 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 4392 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 154586 | 0.210 |
2 | 25010 | 0.205 |
2 | 63250 | 0.200 |
2 | 55128 | 0.195 |
2 | 27650 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 4392 | 1 |
0.225 | 9682 | 1 |
0.230 | 25000 | 2 |
0.240 | 19999 | 1 |
0.245 | 40000 | 1 |
Last trade - 15.33pm 18/09/2024 (20 minute delay) ? |
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