QFE price target, page-33

Fundamentals aside (feel free to contribute your thoughts), the last and most important question for you @Dramaiya and @Archermo is:

Do you see old Bruce taking Quickfee to $50m MC / 33c SP from where it is today? And by when?

How about $75m MC / 50c SP? And $100m MC?

One may be smart enough to go ‘well I own a significant % so I’m gonna hire someone smarter than me and hold him / her accountable, so I can grow my significant % holding in the long run. Plus I can focus on the bigger picture and get set for strategic moves when opportunity comes along.’

Well a 15% stake in QFE was worth just shy of $8m a month or so ago, now worth less than $4m. One could / would have forgone the $300k salary and $32k interest income, and instead hired someone more capable 3 times over and could still come out ahead, notwithstanding bigger market forces at play in the past month, especially if there were stronger support during the SP fall.

Disclaimer: despite popular opinion I’m not Feesynergy or the recently departed ex CFO.