Great to see Sandon buying in he must see some entrenched value hidden away in the background. 110m shares traded today ( not big dollars) which seems to well above the norm just having a quick glance at Iress. I suppose on the bright side it appears to generate good cash and books a profit after tax if I have glanced at the financials correctly.( Could be a couple of one offs which I have ignored which changes the equation.) The recent upgrade in reserves signifies future potential. Seems to be plenty on the boil which will hopefully comes to fruition .
I guess its just a matter of waiting to see what materialises.
What do others think ?
Stand to be corrected.
DYOR
QPM Price at posting:
3.9¢ Sentiment: None Disclosure: Held
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