Not sure why anyone thinks this gas deal will stop the share price bleeding. QPM needs to communicate what is happening with the cake, the market doesn't care about the icing.
Release an Ann saying the quality assurance is finalised or at least update the market on its progress.
No news, just leaves doubt and questions.
Not discussing the cake has done more harm to QPMs share price then a non positive market update would.
In my opinion.
Ann: Moranbah Acquisition Update, page-3
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $90.75M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.5¢ | $88.69K | 2.518M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 547777 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 799294 | 9 |
View Market Depth
| Last trade - 13.11pm 30/05/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.6¢ | 3.5¢ | 883842 | ||
| Last updated 13.21pm 30/05/2024 ? | |||||
| QPM (ASX) Chart |