QHL 2.44% 20.0¢ quickstep holdings limited

Perfect time

  1. 231 Posts.
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    Whilst it has probably been a long and frustrating road holding this stock and the latest capital raising only a further kick in the teeth now looks like the perfect time to invest. I only just discovered it today and with the objectivity of not having dealt with past frustrations things are really coming together. It has now reached an order level where it can deliver positive cash flow. Sales are growing strongly the current capital raise whilst highly dilutive for those already holding provides an entry point with low debt cash in the bank expansion plans and a beaten down share price. Also you know it is well supported at 13 cents which should put a floor in the price and Sol are holding firm. Whatever you have invested in the past at whatever level cant be changed. But looking at with fresh eyes today having only just come across this company looks like low risk at these levels with plenty of upside potential. Ill be putting buy in at 14 with stop loss at 12 not much risk on downside and plenty of bluesky.
 
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Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $14.34M
Open High Low Value Volume
20.5¢ 20.5¢ 20.0¢ $12.82K 63.77K

Buyers (Bids)

No. Vol. Price($)
2 31277 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 12659 2
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
QHL (ASX) Chart
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