@HobInvestor8 if you follow QFE and watch its SP movement long...

@HobInvestor8 if you follow QFE and watch its SP movement long enough you’d know it’s all bots and players at work (since post IPO).

At a glance:
- roughly 300k spread / fakies at 24 - 25.5c across the sell stack keeping the lid on SP
- no one else buying or selling means 1 - 1.5c gap at 20 / 22 / 23c on the buy side in case anyone drops out of boredom or seeking better opportunities elsewhere
- player is aware of the little volume when SP bottomed at 14c, so hard to accumulate more now after profit takers / short termers long gone

Many are already aware that one would be hugely shocked to get any newsflow beyond quarterly updates. Fizzled retail interest, SP has no forward momentum. Limited network effect and accelerated growth in the States; accountants and lawyers taking their royal slow time to get on board and long before recommending Quickfee to their clients (unless Covid changes all this for the better hopefully in the current quarter).

From a marketing standpoint it’s no longer ‘choice and convenience’ (as per Quickfee’s glossy); it should be ‘necessity and survival’, meaning without payment plans these firms have fat chance of getting paid in this current environment, so change your old ways of doing business, or risk going out of business altogether.

Can someone please tell Formoe / Kennedy if they haven’t already changed their elevator pitch?