hi guys,
Well things have been looking better for QRS lately. 50% dilution for a low amount of cash was not my cup of tea, especially since it meant the death of my QRS options, however the buying depth and holding on to recent gains above the 0.02118 issue price has been pleasing.
I bought all the stock offerred to me in the rights issue because, basically, the price was cheap if you believe in their technology. While I'm still behind on my investment things are looking somewhat better.
I would be intersted to know who the buyers are at depth, may be the same that underwrote the issue. Big lines for this stock.
While many shareholders will never get their money back, current activity suggest that those who bought into the rights issue may do well.
Cheers guys, Tony.
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