I agree with 90% of what you say M3FORME, but I don't think Mark has been a complete disaster. He has made the necessary cuts to turn it into a profitable company. Those before him were not showing any signs of doing that. I agree wholeheartedly about their inability to win new contracts. There is a distinct lack of uptake for a supposed 'disruptive technology' that will be a game changer in the industry. That's how they touted the Cure system to investors and industry prior to Marks appointment, yet there is still no large stand alone contract. I know there is a long lead in time, but it has been several years. Why has it not had the uptake?
I too am losing patients with Quickstep ( and becoming bitter by the day). I am starting to hear similar comments from a few years ago where they anticipate new contracts, while I'm optimistic, nothing eventuated then, so I'm not holding my breath now. I really hope they can secure more contracts with the likes of Boeing or others in the aerospace sector. I think the appointment of someone in the US is a step in the right direction. Lets hope that appointment turns into meaningful contracts. I'll give then another 12 months, but if nothing eventuates, then I think I will sell at a significant loss. I would like to think they would be in double digits by the end of the year, but I have a suspicion they wont be. .
Learn't a lot with this stock.
DYOR and GLTAH
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