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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

Comment by ChiChi3on Nov 03, 2024 4:35pm
145 Views
Post# 36294428

RE:RE:RE:RE:RE:Bid at $1.68

RE:RE:RE:RE:RE:Bid at $1.68Thanks for you thoughtful comments Maxmoe but I don't think your analysis of what needs to be done to unwind the pair trade is capturing what needs to be done.  At maturity, the debenture holders will get their face value of the bonds but they will also have to cover their short positions and buy shares- presumably in the market.  That's the only way they can lock in their profits, risk-free.  That's 25 million shares that will need to be purchased or about 25 times the daily trading volume.  This will have to be very positive for the share price and may insight a violent squeeze on the share price if they have to panic.  If they don't start covering their shorts, and if the share price begins to rise, their profits will dwindle.  If they keep the short positions they would have to have strong conviction that the shares will fall in value and I don't see that happening going forward.  If earnings are strong on Friday, look for large volumes as the debenture holders begin to cover....

chi
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