QHL 0.00% 40.0¢ quickstep holdings limited

Ann: Quickstep Announces $10.6M Placement and SPP, page-38

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  1. 675 Posts.
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    Until they announce a deal they have zilch and there may be better investment opportunities out there that don't rely on hope. Have you considered that the funds raised may be just to keep the ship afoat like all the past cap raises, all the announcements about possible deals may be the same also, possibly well intentioned but lead to a dead end and even if a new contract is announced why will it make them money when the work they currently have is making no profit or very slim profit. If they do het the qure process qualified why would that mean greater profit, its possible that customers will cut their payments accordingly if they see a part can be produced cheaper then you can bet the customer will want that passed on. This company is for dreamers and it took me a bloody long time to wake up.
 
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