Hi Pixie, it's pretty much in line with the StateOne...

Hi Pixie, it's pretty much in line with the StateOne report.

Titled "Time To Tango."

"QHL has game-changing technology in the engineered composites sector. Major defence contracts validate the technology, and longer term entry into the automotive sector provide significant upside. We have initiated coverage with a BUY recommendation, and a 12 month DCF valuation of 58 cents."


"Signing of the first LTA puts QHL on the cusp of joining the global defence sector, with the potential to reap benefits for decades to come."

"The Australian Government has identified defence procurement investment of circa A$60 billion over the next ten years. Local Industrial Participation features constantly. QHL is well positioned to participate as the only independent aerospace composites manufacturer in Australia."

The rest is as detailed and as informative as StateOne. Great to see respected analysts all singing from the same song-sheet. A potentially great value investment emerging here. Your patience will be rewarded. IMO!