Why buy companies with tiny market caps? Esp when the government is printing money, the money has to go somewhere. It doesn’t matter who you are, rich or poor, politician or cleaner. If you park your money in an additional asset, that’s risk reducing function. It’s risk reducing both bc you have spread your investments and if micro cap and 99 percent down, you have not forgo the 20x return potential. For bargain hunters, we all want Qfy to drop to 1c. But at 1c, 5m market cap, 75% of that already locked up. There is simply no shares available for sale, esp if you want to be a significant holder. And you can’t time the market. And this is a good company. It’s not a car dealership making 1% margin. The smaller the product: software, small switches (qft) resources, batteries, the cheaper to produce, the bigger the margins, the better the potential for future growth etc
QFY Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
