Thanks for the clarification!
Well, It does look like QHL seems very battered, with little to show for. No dividends, and IMO, excessively high pay to management.
There was so much talk about defense contracts due to rising Geo-political tensions and the modernization of the military fleet etc., but honestly, I doubt QHL would snag any of these contracts.
Does anyone here think QHL would be required to do a capital raise in the next year? Seems like they have a huge facility that is being under utilized and costs would creep up very soon.
The downward trend seems to be strong. I honestly hope it doesn't break 5.5c as that probably would mean a 2c target afterwards.
Going Concern?, page-10
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Last
27.5¢ |
Change
0.020(7.84%) |
Mkt cap ! $19.72M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 28.5¢ | 24.5¢ | $36.29K | 137.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 5888 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| QHL (ASX) Chart |