"Take a look at IMP versus QPN. IMP has a structure that makes no sense at all, yet it trades at a massive premium to QPN!!!."
Motors I did take a look at IMP. Granted it was just a very quick look so oi may have missed something...
But I don't quite get your point about IMP trading st a massive premium to QPN.
From what I could see at a very quick glance it would seem that IMP has about $8 million in cash and other financial sources available.
It has several gas wells in the Appalchians and is looking for other ventures elsewhere in the US .....(Hmmmm perhaps California.....lol)
And it last sharemarket price appears to have been :
Code Last $+/- Bid Offer Open High Low Volume Options Warrants & Structured Products CFDs Chart Status Announcements
IMP 0.007 0.000 0.007 0.008 0.007 0.007 0.007 1,185,000
Okay that has become a bit garbled on copying but essentially its sp is about the low point of QPN = .007
What have I missed or misunderstood ?
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