Quarterhill Inc T.QTRH

the sale of wilan

[wanttoknowwhy]

QTRH may already find some opportunities and make the decision to sell wilan now for more gain comparing to a long wait for better price..

as cabbie pointed " "delivers significant growth capital to Quarterhill's balance sheet", and that could mean something significant.. Thanks cabbie

good luck

Comment on this Post

[mrmoribund]

Bear in mind that the decision to sell Wilan now at the price realized will have been influenced by how the ITS business is currently going. To be brutally honest, you could spin that in either of the two opposite directions. It could be: (1) NEGATIVE - We're in a financially ugly situation so we'd better just sell Wilan pronto for whatever we can get in order to patch up our rapidly

[cabbieJBJ]

Tangible signs of progress is all that matters mrmoribund.  Even new business will not move the needle until  ETC demonstrates that the margin ship has been or, minimally, is being righted.  I expect crickets on that front until August. QTRH had ~$50M cash from March 31st and now has $40M-$45M from Wilan in the bank. The only cost  unknown is termination associated with the