QPN is a minnow and minnows usually carry high risk. The most positive aspect thats important to me here is the Management.
My old stocks are littered with great stories but poor Management. Apart from the heavy research I have done which has attracted me to the QPN story is the ability to see what the head guy has been able to do with another company called PEN. Huge market forces and natural events have conspired to deposit Pen to the dust bowl however Gus's resilience and work ethic has enabled him to build a Management team that would be the envy of many small caps. When the tide turns in the U market PEN imo will be perfectly positioned and those that have stayed the course will imo be well rewarded.
With this in mind I see the same thing occurring with QPN with the securing of for example Thamrin. The QPN story has IMO only just started. (and re-started for some). High risk but if you back yourself and your research, potentially very high rewards.
QPN Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
