I think the market and investors are underestimating how my previous comment on being included in the All Ords and soon ASX 300 would be a catalyst in driving the SP higher.
Today's announcement of the impact of floods and Covid, is disappointing, but out of the control of QHL, and also minimal to the forecasts.
I hope Mark and management can provide a more detailed outlook, i.e, MRO and if there are any nice surprises, and if the investments in Drones might lead to an unrealized capital appreciation (maybe a series A, B funding round in the works).
Notably, has there been any insurance to help the business from the floods/covid utilize force majeure to mitigate any of the 'losses' incurred?
Well, this dip does represent a buying opportunity for keen investors.
Do hope the buying resumes and this is just a blip, or distraction!
Post Consolidation- WORSE OFF, page-58
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $19.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.0¢ | $15.10K | 56.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 472 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 35129 | 3 |
View Market Depth
| Last trade - 15.29pm 04/10/2024 (20 minute delay) ? |
| QHL (ASX) Chart |