The share price is still trying to recover from the placement st $1.05 to friends of management through their mates at Baillieu.
At least Baillieu (who are underwriting the DRP - more money for jam from the shareholders) might feel some obligation to hold the price at that level.
I agree that it is a growth story, but it's not cheap at these levels.
QMS Price at posting:
$1.07 Sentiment: Hold Disclosure: Held