QOL queensland ores limited

vote against ratifying prev share placements, page-11

  1. 622 Posts.
    Yes Obelix,I wouldn't be surprised to see QOL trading around 12 -15 cents once BBY clients get their 50 million shares at 12 cents each .I mean they wouldn't have the loyalty to the stock the long standing shareholders have .Shareholders need to ask the company why they are giving such outrageously generous terms to persons outside the company ie BBY clients of 50 million shares @ 12 cents .Alternately , Queensland Ore shareholders look like getting 25 million in total , & therefore their measerly $5,000 entitlement might be scaled back & reduced to one-third ie $1,500 worth .This is OUTRAGEOUS GIVEN THAT EXISTING SHAREHOLDING ARE BEING MASSIVELY DILUTED BY A PLACEMENT TO PERSONS OUTSIDE THE COMPANY AT ONE THIRD OF THE VALUE THAT QUEENSLAND ORES SHAREHOLDERS SUBSCRIBED AT ie 35 cents!
 
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Currently unlisted public company.

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