QHL 2.33% 22.0¢ quickstep holdings limited

drifting south, page-3

  1. 1,118 Posts.
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    Hold.

    Buy if it drifts below 31c IMHO. Though I'd wait and see where support is below 31 before jumping in.

    Technically:
    Cap raise was done at 52c. What's happened in the interim. SP drifted to a support level of roughly 33c. Range traded above this in anticipation of JSF signing.

    Fundamentally:
    We have the first signature. A bit more clarity required with today's ann re 3 groups of LTAs... However the first signing is a significant step and paves the way.

    Hold and accumulate on dips is my call. Hold for the risk averse.
 
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