In the absence of any broker research, I’m takking a guess on what the price target could be.
Assumptions:
1. Close-down is US business - redundancy costs of the US team and getting out of the LA office lease.
2. GCI and 255 calling in the debt - winding down the loan book.
3. Some firms defaulting resulting in bad debts.
Price target = 3c (based on what could be left after liquidation per above assumptions).
QFE price target
Add QFE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.4¢ |
Change
0.001(1.20%) |
Mkt cap ! $26.67M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.4¢ | 8.1¢ | $11.83K | 145.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16131 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 18038 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
8.2¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 8.2¢ | 8.2¢ | 8.2¢ | 14966 | ||
| Last updated 15.18pm 07/06/2024 ? | |||||
| QFE (ASX) Chart |