QHL 5.15% 25.5¢ quickstep holdings limited

odd, page-2

  1. 824 Posts.
    I agree entirely. In fact, at 77 cents it is below the pre announcement hype. I only wish I had taken a trading approach to QHL shares. Fortunes would have been made selling high and buying low.

    My only guess is that the majority of shareholders in QHL are long term investors hanging out for the promise that the QHL process looks like delivering in the long term. (a bit like early investors in mining companies like CMR) QHL's sp really appears to suffer from the volatility associated with extremely low liquidity. If you look at the volumes traded at any given price, they are miniscule. But the huge fluctuations scare those with short term targets. I suspect that those selling now are the same people that jumped on board last week hoping to see it get to $2 overnight.

    For my money, the Eurocopter announcement is a major step towards commercialisation. Others clearly dont share that view. I welcome the buying opportunities their view offers!
 
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