QRL 2.13% 24.0¢ quintessential resources limited

buyers return and a thinning sell side, page-5

  1. 1,306 Posts.
    Unfortunately the lack of buyers means anyone wishing to exit has forced the price low.

    The company has been way oversold and MAL is not dead, simply they need to keep looking, so time will tell.

    Given the very low liquidity, tightly held stock, it wont take much for a positive release to change the direction of the stock. The question is how long till that release?

    Its gone into my hold pile for the moment but I will top up once I get some free cash, as the current price gives a huge upside for any positive news as it would move pretty quickly to at least its recent average trading levels.. IMHO, DYOR.

 
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Currently unlisted public company.

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