If you take this announcement at face value it definitely doesn't make sense.
I can understand everyone pilling into the 'out for blood' camp, but for me I'm keen to keep emotions out for now and await the facts.
There are many scenarios that can play out from here. Hopefully the coincidental timing around budget night is beneficial to us holders with something juicy to follow.
These guys running the show at QPM aint no half-assed clowns. There is years of experience throughout the entire management team, although in saying that, I must concede they have lost the trust of the retail SH's, which they need to earn back.
Here's to something juicy that regains some trust in QPM.
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QPM
qpm energy limited
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3.5¢

Ann: Trading Halt, page-88
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Last
3.5¢ |
Change
-0.003(7.89%) |
Mkt cap ! $88.38M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.5¢ | $108.1K | 3.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1877054 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 308493 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2837 | 0.037 |
1 | 27162 | 0.036 |
15 | 1891311 | 0.035 |
10 | 2129792 | 0.034 |
6 | 265424 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 30000 | 1 |
0.036 | 308493 | 2 |
0.037 | 500000 | 1 |
0.038 | 190433 | 2 |
0.039 | 510953 | 5 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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QPM (ASX) Chart |