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Quarterhill Inc T.QTRH

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

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Bullboard Posts
Comment by moneyguy87on Sep 11, 2020 2:21pm
239 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.
Bullboard Posts