From looking at price movements yesterday and today, I’m changing my sentiment to ‘sell’, given that:
1. Old Bruce has not updated the market on its liquidity/ funding position, when everyone else has, including WZR, APT, SZL, FXL, SPT, PGL etc. This could be a bad health indicator.
2. Persistent sells and SP still near 52 week low, when WZR, APT, SZL, FXL etc. have all bounced off and up 30 - 50% of their lows, so again a poor reflection of QFE’s underlying business and lack of interest.
Sell?, page-6
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Last
10.0¢ |
Change
0.029(40.9%) |
Mkt cap ! $33.17M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 10.0¢ | 7.1¢ | $19.18K | 248.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 172870 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 207924 | 4 |
View Market Depth
| Last trade - 15.56pm 16/07/2024 (20 minute delay) ? |
| QFE (ASX) Chart |