re: News: Quickstep presents at the Australia... algen
I am not so sure that Col is talking about sgl's financial performance. There can be no doubt that it has the lion's share of the carbon fibre business in cars. It's link to BMW essentially means that it has that business. It is very unlikely they will walk away from the sunk capital and move to an alternate technology, even if it is better.
There is still a very large contestable market for carbon fibre in automotive - outside the BMW group. This is clearly QHL's target.
Problem is that QHL has been promising auto for a long time and pumped up its tyres, but we still have nothing to show for it. If it is as good as QHL says it is, it would be a no brainer and many would have signed on for it already.
re: News: Quickstep presents at the Australia... algenI am not...
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Last
27.5¢ |
Change
0.050(22.2%) |
Mkt cap ! $19.72M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 28.0¢ | 23.0¢ | $190.5K | 761.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 28.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 76690 | 1 |
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| QHL (ASX) Chart |