I am obviously swimming upstream here, but I am very happy with the capital raise.
This is a strong emerging business demonstrating growth, a strong order book, and which is becoming profitable and cash flow positive for the first time.
The only concern I had, or at least conventional wisdom obsessed over, was the debt and lack of capital reserves. This raising takes care of that and provides funding for promising new projects going forward.
I do expect the price to drop short term, as it always does. I sold part of my holding this morning at 18.5 (lucky guess) but will be buying back with my remaining rights and subscribing for as many extras as I can.
I like the underwriters think this is excellent value. Onward and upward, and maybe even a modest maiden dividend this year.
- Forums
- ASX - By Stock
- Ouch.
I am obviously swimming upstream here, but I am very happy with...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QHL (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
28.0¢ | 5888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 776 | 0.255 |
2 | 13229 | 0.240 |
1 | 12543 | 0.235 |
2 | 12200 | 0.230 |
2 | 40444 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 5888 | 1 |
0.290 | 85000 | 2 |
0.300 | 38181 | 3 |
0.310 | 33000 | 1 |
0.335 | 3336 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
QHL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online