It pays to be patient. Qfe is a technology business, and there are signals that the cap ex is tapering and the next phase is to expand the salesforce in the states and expand the volume of transactions & build revenues. With a small team, growth in US ACH payment processing volumes is very encouraging. it has more than doubled every year for 3 consecutive years. And charges for PayNow payment processing in the US are not regulated like EFT VISA/MC payment fees are regulated in Australia.
I’m underwater like most people in this stock but considering averaging down as I think the future is extremely bright.
Ann: 2021 AGM presentation, page-8
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $24.45M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.8¢ | 7.7¢ | $1.666K | 21.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117442 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 60000 | 2 |
View Market Depth
| Last trade - 14.17pm 24/05/2024 (20 minute delay) ? |
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Last
7.7¢ |
Change
-0.002 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.7¢ | 7.7¢ | 2313 | ||
| Last updated 14.17pm 24/05/2024 ? | |||||
| QFE (ASX) Chart |