Mate I am holding this share since June 2020 and not putting negative comments. Every Fin tech share is in pressure. Their Multiples are not good right now and Price to book ratios are dropped significantly. Usually Tech companies have crazy Price to book ratio of more than 10 but QFE is sitting on 2 plus which is way undervalued but Market is too focused on last year loss and does not think that Australian Market is a baby for QFE and American Market is the way to go. I think directors realised and focusing on USA market which is IMO good direction. I see QFE trading in between 50 to 80 cents in near future.
I am waiting for the bottom. I wont be able to timed the market but will average my position.
QFE Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
