QPM 5.88% 3.6¢ queensland pacific metals limited

Ann: $30m capital raising, page-6

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  1. 1,099 Posts.
    lightbulb Created with Sketch. 818
    Great set of announcements today, and QPM looking great for the long term...
    But I am still worried about the short term share overhang due to 187.5m new shares to 'sophisticated'.... some of which were no doubt already shareholders and could line up to sell and pocket a quick +10%, Not down ramping, I am a holder and believer...
    Just seen this before..... can't trust a sophisticated raise.
    I think we will may well test the CR price....
    DYOR & GLTAH
 
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