Post by
MrGaiiinz1986 on Oct 06, 2021 5:03pm
Low volume=nobody selling
This non existent volume also equates to nobody running for the exits... Also looks like the majority of shareholders are like minded and waiting for a huge pop or being bought out, hopefully they don't get taken out anytime soon! With what's going on I'd be really surprised if we're not well over $10 by Q2 in February... GLTA
Comment by
lscfa on Oct 06, 2021 6:22pm
Cost base on Quipt shares from spinout are zero. Selling would mean a taxable $7.60 captial gain.
Comment by
besttobe on Oct 06, 2021 6:22pm
MrGaiiinx wrtote "This non existent volume also equates to nobody running for the exits." True...Smart money already sold and left retail holding the bag. Smart money will come back with next money raise below $8.00 with warrants attached. Next money raise could take awhile at the pace Quipt moves. GLTA
Comment by
Carlito3311 on Oct 07, 2021 4:25am
This post has been removed in accordance with Community Policy
Comment by
lscfa on Oct 07, 2021 7:51am
The cancellation of competitive bidding changed things. No one has a protected territory anymore so Quipt is free to enter anywhere. Small acquistions generate larger cost synergies and revenue synergies. I can see some of these small acquistions in turn growing organically by 100% in 1 year.