Quarterhill Inc T.QTRH

qtrh

[KLINK1963]

man tape is showing this thing is heading for under $1.

between all the management turmoil and lack of wilan sale...frustrating

they clearly dont have the necessary mgt to run ird,,,tired of hear 'the spin' on their conference calls

sell wilan asap or spin it off,,,and put ird on market for sale/merger

it truly is a shame,,because i think IRD had potential 

what a waste

[cabbieJBJ]

Klink, do you mean IRD or ITS?  IRD is performaing well.  The ETC acquisition is not.

[Capharnaum]

Unfortunately, so far, the ETC acquisition has been a bad one. Considering the results vs the expectations, the price paid for ETC looks way too high. QTRH is trading at less than the acquisition price of ETC right now. It's frustrating, because if ETC was performing closer to expectations at acquisition time, the share price would be over $3 for sure.

[cabbieJBJ]

Atlantia sold ETC because it was unprofitable; Align beefed up revenue with two Contracts in Colorado.  The Elizabeth River Bridges contract was added weeks before the acquisition by QTRH closed.  With the promise of revenue at ETC, QTRH bit - and yes, overpaid.  ETC had not started implementation on the problem child contracts Capharnaum.  Apart from covid related cost and