QMN queensland mining corporation limited

Ann: Appendix 3B , page-3

  1. 2,336 Posts.
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    Hi Leroy,

    Too many shares on issue is a very scary thought.

    What can and often does happen in such cases is the companies spring a 1 for ten, or similar, and in such case QMC would have a new adjusted SP of say 42 cents. BUTTT then value normally gets knocked off the SP in record time, UNLESS the company can come up with something extra special to halt the slide.

    Such a scheme happened to my Dad on one of his investments and he lost 90% of his money in a few weeks.

    Say NO to reconstructions.
 
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