Back on board...4 Feb 2010 16:53
Having parachuted out of this stock when it was around 160, well, that was just a bit of luck as I needed the cash. So, I bought back in today and will hold. The reason is that future defence spending and procurement will focus of small, flexible, versatile systems, not the big 'mega' projects of yore. Qinetic is in the right game, and I think a merger, perhaps with a French group to boost the European cooperation agenda, should see the stock do well in days to come. It is small enough, and big enough, to command a good price.