They just had the company head honcho on Sky Business waxing lyrical on those things you've mentioned, I didn't know much about QHL so thought I'd take a look. Looks like they're going to need a lot more in the way of profits going forward because Commsec is telling me they have Debt/Equity 234% and Net Gearing 185%. So you're right, it's a punt, a long term one by the look of things, especially on the debt front, or perhaps I'm missing something.
GLTAH
Maiden Profit, page-2
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Last
40.5¢ |
Change
0.025(6.58%) |
Mkt cap ! $29.04M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 45.0¢ | 38.5¢ | $294.9K | 703.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 6875 | 1 |
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| Last trade - 15.55pm 26/07/2024 (20 minute delay) ? |
| QHL (ASX) Chart |