QHL 94.9% 38.0¢ quickstep holdings limited

Could this be the Boeing contract prep, page-5

  1. 1,917 Posts.
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    I think the time to average down is now. Just like you and many others I have been frustrated at the consistently low share price which I think has been in response to the low margins on production and perhaps excessive spend on research and development. The new direction seems to be to cut down on R&D, secure new contracts, increase production, increase margins, and implement other cost savings to move to a cashed up position. The forecast for next quarter is a cash positive position which clearly will be achieved. From there hopefully the future is much brighter for all of us. I'm hanging in because I think this is one Australian manufacturing company that is in a great position within the defence and aeronautical industry but also ready to expand into automotive parts production. I bought another 150,000 recently to average down.
 
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Last
38.0¢
Change
0.185(94.9%)
Mkt cap ! $16.13M
Open High Low Value Volume
21.5¢ 39.5¢ 21.5¢ $1.598M 4.278M

Buyers (Bids)

No. Vol. Price($)
1 45523 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 3627 1
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Last trade - 15.59pm 07/11/2024 (20 minute delay) ?
QHL (ASX) Chart
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