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2.70%

3.6¢ queensland pacific metals limited

Ann: Capital Raising Brings in Strategic Investor SMT, page-99

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Shaq_01

5,494 Posts.

839

22/08/23

12:15

Post #: 69476089
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Originally posted by markfau: ↑

Management could have raised at 10c and the sentiment would have been different.

This is becoming a self fulfilling prophecy where the lower the SP goes, the lesser the confidence in the company, management will be forced to raised at an even lower SP next year, its a vicious cycle that you can never get out.

The truth is if the management just be honest with the shareholders, raise the issues with the market AND details the steps they are taking to amend the issues, and stop doing discount raises for no reason, the market would not have overreacted and the SP could have found a floor.

We don't want to keep hearing the "good news" with the ugly hidden behind the scenes, just split the ugly details out and be honest about it. I am sick of this corporate jargon nonsense coming from QPM, just tell me why is debt funding activities delayed to 1H 2024 instead of giving ingenuine excuses.

The main incompetence isn't from the execution part, its the whole dishonesty and lack of transparency that is going on with this management.

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agree. 100 %

QPM Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 3.6¢		Change -0.001(2.70%)		Mkt cap ! $90.76M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.4¢	$334.0K	9.503M

Buyers (Bids)

No.	Vol.	Price($)
2	50428	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	515850	4

View Market Depth

No.	Vol.	Price($)
2	50428	0.035
4	314151	0.034
4	1522512	0.033
6	228956	0.032
6	187969	0.031

Price($)	Vol.	No.
0.036	515850	4
0.037	658647	6
0.038	993263	10
0.039	800404	4
0.040	859829	12

Last trade - 16.10pm 28/08/2024 (20 minute delay)

QPM (ASX) Chart

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