QHL 0.00% 20.5¢ quickstep holdings limited

Don't mind this deal structure - the $1.5m in revenue isn't...

  1. 1,621 Posts.
    lightbulb Created with Sketch. 219
    Don't mind this deal structure - the $1.5m in revenue isn't going to move the needle much so essentially funding Swoop Aero's forward looking book with 75% debt and 25% cash.

    If Swoop continues to grow revenue QHL can convert that into equity (it would be interesting to know how much equity) and we can join in that growth, if things don't improve we get the debt back with interest.

    At least we know why the SP increased a few days ago.

    Like all of us, still waiting for a real meaty contract that provides a substantial revenue stream outside of the F-35 program
 
watchlist Created with Sketch. Add QHL (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $14.70M
Open High Low Value Volume
20.5¢ 20.5¢ 20.5¢ $1.541K 7.515K

Buyers (Bids)

No. Vol. Price($)
5 49953 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 4000 1
View Market Depth
Last trade - 14.14pm 29/04/2024 (20 minute delay) ?
QHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.