I am not sure why the kick to 17c-a good sales job. My understanding now approx 24 million shares on issue -with 15 million being placed at 5c and then 20 million -2c paid contribs. Total then 59,284,435. Which should give them about $ 2million in the bank to explore the Qld properties. So presumably the present share price will fall as the capital is expanded. The 75 million prospectus shortfall I understand gave the investors control. Anyone have any indepth research and views ?
CQT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
