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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I think the time to average down is now. Just like you and many...
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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¢ | $332.7K | 926.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75800 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 62747 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 390778 | 0.082 |
1 | 137448 | 0.081 |
4 | 133000 | 0.080 |
3 | 250000 | 0.079 |
4 | 470000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 73189 | 2 |
0.085 | 158553 | 5 |
0.086 | 122421 | 2 |
0.088 | 86260 | 3 |
0.090 | 25321 | 3 |
Last trade - 11.56am 07/11/2024 (20 minute delay) ? |
QHL (ASX) Chart |