IQST- Right Now
Constantly reporting net losses while reporting massive revenue growth Y/Y. It’s a growing company that needs funding but it’s not diluting instead it’s grabbing funds from its subsidiaries to fund growth and share repurchases.
$1.71 in shareholder equity book value.
Fair value ranges from $-5/+$18
This is a deep value turnaround play. If they convert gross revenue to net revenue we’re in this thing.
Catalyst would be the Ultranet acquisition by the end of qtr 3 .
None of this means diddly . But grab your diddy lube because I think this will be interesting.
NFA. Just like to gamble.
Stock loves to quickly rebound after a drop like this. It’s consolidating as we speak.
The play is right but I have no clue on timing considering they need capital to grow but this is standard for their field . It’s all about timing with this one .