QXQ 0.00% 0.7¢ q limited

On the move again, page-20

  1. 9,788 Posts.
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    utter drivel...

    the stock is worth 0.36c approximately- the only way it gets to 1.3c pre deal conclusion is stupidity or manipulation

    they are issuing 2.44bn shares at 0.5c to buy crowd mobile - they then consolidate the shares on
    42 to 1 basis approx

    - and the 2.44bn + current 91m shares on issue becomes 76% of the new 77M shares on issue

    so 2.531bn shares becomes 60M shares - and there are another 17M shares going out on top of that to pay for the transaction

    so 1 share today becomes 1/42th of a share post deal, further discounted by 76/100

    That means 0.01809 x20c (re-listing price)

    = 0.36c
 
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Currently unlisted public company.

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