I'm pretty convinced I'll at least double my dough in this over the next 6-12 months.
Whether we see a return of capital to shareholders or an on-market buy-back following the realisation of the Iridium asset, or simply the continued acquisition of undervalued assets, Michael Boyd is certainly steering QAD in a 'shareholder friendly' direction.
He has a good track record and will be guided by self-interest, since he and his family account for in excess of 70% of shares on issue.
And yes, the 12m crossing yesterday was most interesting!
QAD Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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