Re Hello All. QFI will probably work out long term. However re your proposed investment i wouldnt put all your eggs in one basket ! Good luck with your investments.
Re hobson : Your nagging doubt has been shared by the share pundits for a long time. All saw it as speculative at best. On the other hand I couldn't see it not working, everything seemed to stack up. The only place I can recall it being quoted as a buy was in the Mail on Sunday Midas section several years ago. "All that glitters isn't gold" as they say.
TARGET PRICE - Finncap target price is actually 28p, not 20p.
Re:Marine Analysis. Indigo22 your article says it all. Well written and well thought out.
OK - we have all lost money some of us probably a lot. However, spare a thought for the staff at QFI - they will be losing their jobs through no fault of their own!
This day week SP will be zero - bust!! I can't believe what I am seeing!
poor_boy - I think Maersk will in fact publish the report, I would be very surprised if they didn't. At the end of the day it isn't worth the paper it will be written on. It will say something like, "this stuff works ok but we are nothing to use it". Like you I am well down in both money and spirit. Good luck.
Share price guess. All things considered I can't see the QFI price going above 10p until mid 2018. If the next testing session isn't due to start until Q$ by the time that has run and the follow up analysis done it will be fifteen to eighteen months if we are lucky. A lot could have changed in the meantime. GLA.
Several months ago a subscriber to this forum suggested that QFI would, in his opinion, head back to the area of 4 pence per share. It is now looking like that subscriber had remarkable foresight!!!! The other thing that puzzles me is that apart form the This is Money site, none of the share sites recommended QFI even though it seemed a "sure winner".
I have a terrible feeling that this share is not going to deliver as much as a lot of buyers, including myself, initially thought. I do hope I am wrong as I am heavily invested!