Sorry if you are bored hearing crazy stuff. This is the final piece of the puzzle. They may hit a trading halt. Announce that cash is tight. Hit up an institutional investor "Acorn Capital Ltd" at a premuium to current SP. Roughly 5-7% above.
I.e. if it stays at 0.074x105%=0.078 or 0.074x107%=0.079Or on round numbers 0.075x105%=0.07875 to 0.075x107%=0.08
Then before year end Newmarket Capital will inseminate QHL @ 0.07875x125%=0.0985 to 0.08x125%=0.1
The reason to take this route is now known. It is up to them with the timing of suspension/trading halt and announcing injection methods.
They needed a catalyst and they got it now. Just a matter of time.
They will add roughly 40million new shares on an institutional placement, then 25million through Newmarket options.Total 65million new shares. Total outstanding shares 563+65= 628million.
Hit profit during FY19. Win contracts, build revenue, consolidate shares. Push growth+profit.
https://www.fwc.gov.au/disputes-at-work/industrial-action/protected-action-ballots/ballot-results-2018
AWU and Quickstep Technologies Pty Ltd – 10 October 2018
AMWU and Quickstep Technologies Pty Ltd – 10 October 2018
After they have the capital requirements they can take action against the employees using different methods.Suspension or termination of the protected industrial action by Minister of Employment? Refer to pic:I have a feeling this is a great issue to push their interests (boards) subtly. GLTAH
THE GAME IS ON
https://www.fairwork.gov.au/how-we-will-help/templates-and-guides/fact-sheets/rights-and-obligations/industrial-action
https://www.youtube.com/watch?v=e1YqueG2gtQ
Love you all. Especially the two boys back in town MB & JD
Been getting some attacks on my PC (malware, attempted breaches etc - been very cautious) after I've been using Hotcopper. 3 seperate occasions, so trying to lay off using it as much as I can. But, just leaving this message to let you know. The QHL game is definitely heating up. GLTA bye
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