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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by moneyguy87on Sep 11, 2020 2:21pm
226 Views
Post# 31543788

RE:Buy?

RE:Buy?People are selling due to a long term dissatisfaction with management and many of the decisions they have made. We keep hearing that anyone could have sold at $2.15 - but remember - that special issuer bid was to be in a range of $1.95 to $2.15. So, just because someone put in to sell at $2.15 doesn't mean they would have got that IF THERE WAS MORE VOLUME OFFERED UP BELOW THAT. With the consensus being that it would be oversubscribed on the sell side it's likely some didn't tender thinking they wouldn't get filled - or didn't want to tender at the lower price. Secondly, just before it happened there was a positive update re: Apple lawsuit. The stock got up near $2.20 and there were a lot of shares that got sold into that hype - probably a lot of the shares we assumed would go out the door thru the SIB. And when the shares are trading ABOVE the SIB maximum price why would you tender at that price? It might have been those two factors that caused less shares to be tendered to that bid and - voila - the ones who did got $2.15. Subsequent to that it's been learned that while great progress has been made re: Apple lawsuit - there are still many miles possibly before the company sees a cheque from them. As to whether to buy, I would still cautiously say yes as there is a new CEO in place now who bought shares, they have more money than ever and each day that goes by does bring them closer to getting money from Apple. In the meantime there have been more deals sign and contracts awarded.
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