Best kept secret?Not sure whether many investors understand just how well Quipt did during May/June from a price support aspect. With the sheer number and cathartic nature of changes made by management in a short period of time (name change, stock consolidation, change to USD reporting, issuance on Nasdaq), that the stock price did not tank and price movements were in very low volume, is phenomenal.
Add to this story that in 9 months the debentures will be force converted to equity (as per Cole Stevens in last conference), Quipt is set up with literally no fundamental overhead resistance until they raise more cash. They have a clean(er) capital structure, strong balance sheet, proven track record of finding, executing and assimilating acquisitions, above-average organic growth, history of under-guiding on revenue growth, access to the American investor and are in a sector that is bottoming/consolidating.
Chart technicals are ramping forward to potentially break out of multiple consolidation patterns which very well may result in yearly analyst targets being met in the short to medium term.
Outstanding and very pleased to be involved......
Do you own DD, heavily invested, active trader