QMN 0.00% 16.8¢ queensland mining corporation limited

matrix - your call, page-8

  1. 279 Posts.
    torente,
    thanks for brigning up this tpic nad for your dot point statements as I am unaware of the history of QMN and Matrix.
    I am a little confused though by your statement
    "1. The Matrix liquidator (in my opinion) sold enough shares to cover the $5 million transaction price."
    Wouldn't hay have had to sell the 25 million shares at avergage $0.20 to cover the $5mill? Friom what I can see the share has been belwo 10c over the recent 6 mths until th recent rise.
    did they have other shares as well?
    thanks for your clarification.
    ts

 
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