We will see in the next few 1/4s.
The positive side is the we have figures to work of.
Either QPME is cash flow positive or not. Then we all will know how to value QPME.
You or I can't argue against actual revenue or profit / loss. Which is the point.
They produced revenue of 40 million at a loss for the last 6 months, so the question is where is the revenue and cash flow for this 1/4?
For bulls, if QPME generates 40 million a 1/4 with 14 million profit (see forecast). Then it is clear that QPM is undervalued.
For Bears, if QPME fails as per forecast, then sure, i am wrong.
But I have invested in a penny stock, so I am fully understanding that this is a gamble (thus I only invest less than 10% of my portfolio)
We will see in the next few 1/4s.The positive side is the we...
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Last
4.5¢ |
Change
0.001(2.27%) |
Mkt cap ! $90.56M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.4¢ | $123.1K | 2.741M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 411028 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 220633 | 6 |
View Market Depth
| Last trade - 15.06pm 06/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.001 ( 1.58 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 4.6¢ | 4.4¢ | 2132209 | ||
| Last updated 15.43pm 06/05/2024 ? | |||||
| QPM (ASX) Chart |