Q: Government is about to announce a methane reduction announcement according to CBC. https://www.cbc.ca/news/politics/methane-regulations-canada-9.7017132
Will this help QST and if so, by how much? Is it worth picking up a few shares?
Will this help QST and if so, by how much? Is it worth picking up a few shares?
5i Research Answer:
It is a net positve for the sector, and QST did move up today. However, with a tiny market cap of only $12M, we would not suggest buying. It is simply too small to get sustained investor interest without more contracts and cash flow. This may happen, eventually, but the stock is still exceptionally risky today.