The rush to exit seems to have ended at the moment. The sell side is much thinner and the buy side, albeit at slightly lower prices, is healthier. There was a time that a sale of less than 100,000 share would have crashed the price by about 10 cents. With a bit of luck, those days are gone.
Let's hope it has stabilized. I know 39 cents is not where we thought it would be after the contract, but its a darn sight better than 11 cents. And if you think about it rationally management always said the LTA was merely a formality. Given the price movement, in can only be assumed that the market believed them.
I suspect that any additional news of progress will be treated very differently. A successful conclusion of the Vector project will be the real game changer. While its still a while off, success with that project will see QHL earning improved profits from the parts it is making for the JSF plus a share of the revenue on many more parts that might be made with the QHL process.
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.69M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.5¢ | $102.7K | 257.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 141207 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 2618 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 141207 | 0.395 |
1 | 60000 | 0.390 |
4 | 238250 | 0.385 |
1 | 39473 | 0.380 |
4 | 240000 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 2618 | 1 |
0.405 | 90320 | 4 |
0.410 | 170447 | 9 |
0.415 | 25641 | 1 |
0.420 | 30053 | 5 |
Last trade - 15.12pm 13/11/2024 (20 minute delay) ? |
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QHL (ASX) Chart |