@mayo1975 I am cautious with any trading now because it's clear that we're in a broader bubble market that has been extremely distorted by central bank intervention and various forms of stimulus packages all over the world. Fundamentals clearly don't apply to many shares that are traded these days. Just look at Tesla in the US.
The reality is that Qan at the very best could hope to return to the same level of operations that it enjoyed in a world before covid. This could only happen with a complete erradication of this new virus. Clearly there are many people that are hesitant to take vaccines or scared to catch covid under any circumstances so a return to normal is not foreseeable. However, if this was possible then QAN would return to this hypothetical normal with with inflating costs globally (already visible), higher oil costs, and an extra $1.5bn + of debt that they've taken on plus tens of millions of news shares issued in capital raises to get through this.
So, if the best case scenario is a return to normal (which very likely won't happen) with loads of extra debt and dilutive equity, then what's the compelling long pitch that I'm missing here?
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@mayo1975 I am cautious with any trading now because it's clear...
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Last
$6.16 |
Change
0.260(4.41%) |
Mkt cap ! $10.03B |
Open | High | Low | Value | Volume |
$5.94 | $6.17 | $5.92 | $78.91M | 12.98M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 685 | $6.13 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.16 | 35413 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46000 | 6.120 |
4 | 7202 | 6.110 |
4 | 100982 | 6.100 |
3 | 66367 | 6.090 |
2 | 29592 | 6.080 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 62863 | 16 |
6.180 | 94830 | 8 |
6.190 | 172703 | 11 |
6.200 | 175539 | 50 |
6.210 | 2387 | 3 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$6.13 |
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Change
0.260 ( 4.25 %) |
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Open | High | Low | Volume | ||
$5.93 | $6.17 | $5.92 | 3174692 | ||
Last updated 15.59pm 07/05/2024 ? |
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