Good on you, Sharp. You may well be right.
For my own part, I have no interest in charts, preferring to put my faith in fundamentals.
Quadrant has definitely turned the corner, in my view - two of its three major investments now being profitable. The third, its holding in the Iridium satellite network, was 'break even' at last report - so there, too, things are looking up.
I've been around long enough not to be surprised by ANY price movements - either up or down. But at current levels I think QAD is already cheap on a risk/reward basis so I seriously doubt that your 3c scenario will emerge.
I won't be fussed if it does, however, and would count it as an opportunity.
I maintain the view I have expressed elsewhere that from about 4c, I expect to more than double the value of my investment in Quadrant over time.
QAD
quadrant iridium limited
poised to move forward?, page-5
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