QFE is an annoying share. thoughts?, page-3

What do you mean the market doesn't seem to be receptive? It shot up from its IPO price of 20c to almost 90c in the space of a year. The problem with QFE is that it got swept by the momentum wave that APT created. In a perfect world, QFE (and every other BNPL stock for that matter) should have never reached the price range that they reached. However they all got driven up purely by speculation and amateurs hoping to hit the next APT jackpot. It's not just QFE taking a beating, the whole sector (aside from APT & FXL) have had their share price halved in the last few weeks. Perhaps the bubble is about to burst? Or maybe just a small blip on the radar? I can't tell you what the short term has in store. However what I can say is that when a company's revenue goes up by only $2.7m and in that same period, the market cap sky rockets up by almost $100m, then something has to give.