Can someone explain why QHL keep dropping? The SP got slaughtered on Monday. Today they finally issued a release to say that the conditions of the MoU related to the helicopter contract has been met, but they drop more.
From my understanding of composites, it will inevitably be a huge market, particularly automotive and from what I can tell they have a reasonable product. Price of steel increasing, weight of cars reducing to meet emissions, there are not alot of alternatives.
I'm struggling to work out why there are so many delays between MoU's, satisfactory physical testing and what appears to be generally good feedback on what they are capable of and the lack of any contract? Is is the T&Cs QHL are trying to license it under, price or some other reason. I just cant work it out.
whats happening?
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $16.13M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.5¢ | $30.79K | 139.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21958 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 20000 | 1 |
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| Last trade - 15.21pm 06/09/2024 (20 minute delay) ? |
| QHL (ASX) Chart |