RE:RE:The Usual GamesUnderstanding the mentality of the markets at times is mind boggling pretaining to certain stocks. Quipt has always been one of them, the company releases news of signing their second national insurance provider and the market pretty much says so what, atleast so far.
Last year the company released their Q2 financial report on May 16th. Q1 numbers for this fiscal year came in at just shy of 41 million in revenue for the quarter, forecasted numbers for Q2 / 2023 are expected to be 56 to 57 million. Why is this stock trading at $9.00 CAD? once again the trading multiple the market is giving Quipt is out to lunch, when will the market catch up and give this company a trading multiple inline with its peers?
gibbonsj I do not how much of a boost, if any the big board TSX listing will do for the stock. That being said, you would think that it should be a positive movement. Where are we in the process? investors don't know. My gut tells me that Crawford would like to announce the uplisting before releasing the Q2 financial report, as you say apply time. GLTA.