Just a word of caution on the F35. The US is still in recession and there's nothing but dark clouds on the horizon. Any further downturn in the economy and Congress could wake up to the fact that borrowing a trillion dollars a year forever isn't a great way to keep their jobs. The F35 is a prime candidate for stretching. Reduced final numbers means increased unit costs which leads to further reductions which leads to the F22, B2, B1, Osprey, etc. The fate of QHL doesn't reside in Australia but in Washington and a thoroughly disfunctional congress. The good news is QHL management is working every prospect they can to build their company.
QHL Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
