RE:RE:What are you expecting? Interesting takes Board.
What I scratch my head about is the fact most/ALL markets are flying high with an abundance of overpriced stocks with no cash, questionable futures and even little to no earnings. Yet poor ole QTRH is ALWAYS being subjected to such strict price evaluation and metrics. Almost to the point of splitting hairs it seems.
I can name a TSX stock right now with basically little to no cash, 139 mil shs outstanding and just did a whopping $19mil CAD in 2020 sales. Yet has been trading 1.75 - 2.60 over last 6 months.
Yet QTRH with $150mil cash, $144mil in revs, full potential for large future revs,1000's of patents and a quality sub to boot can barely get to $3.00.
Who gets to decide this? And please don't tell me "the market" because the market hasn't had any trouble or concern bidding up so many useless companies to the moon lately.
A better question is, WHO is "the market". Seems a few players wield an overly large amount of influence and control over where the price goes. They know the revs will snap back but took advantage. As usual.