QHL 0.00% 20.0¢ quickstep holdings limited

Got out late today for a loss.ABC News reported that the F35...

  1. 294 Posts.
    Got out late today for a loss.
    ABC News reported that the F35 Strike Fighter was under a huge cloud due to multiple failures. Software is no good and other components have failed in flight. They expected a need for maintenance on the few they have produced as test jets about every 14 hours of flight time. It's actually less than 4 hours!! Holland has deferred its order.

    I think as the news spreads, QHL could tank. It still has the Hercules and the possible automotive market via Audi up their sleeve, but not at this point in time.

    Why did I hear this from the ABC radio and not the Company??

    They must know of issues about F35 so why no comment. Guess they'll let the press do the talking.

    Non-disclosure??

    Had great hopes for QHL and may still perform in the future but for now, it's a dog. SP of 12c tomorrow would not surprise. Then again, the Co may come out with an announcement stating the troubles with the F35 are minor and they are still supplying parts. Not for much longer!

 
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