Some odd stuff going on.. Any further news on the Wanda / Hoyts proposal?
Very low volume and up 5%. There isn't much interest in selling at these prices it seems - I suspect whenever it dips below $1, is a strong buying opportunity for small fish like us.
I'd welcome a takeover for a quick buck, but this company is also just performing strongly. Why the lack of interest I suspect is they aren't in ASX 300 (although their market cap should entitle them to be perhaps?)
At some point, value will be recognised and there will be a large liquidity event for everyone to exit. $1.40 as a start perhaps.
QMS Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
