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1.52%

6.5¢ qmines limited

Ann: Placement Accelerates Exploration & Development, page-7

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dblepennie

56 Posts.

16

03/08/24

12:41

Post #: 75056048
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Originally posted by drilldeeper: ↑

That's a pretty big dilution -an extra 47% or so more shares to soon be on issue. If no major announcements in coming months I see this somewhere in the 2.2 to 2.6 cents per share. Then the next round of funding will keep it at a penny stock.

Expand

Maybe a few positive announcements coming from continued drilling and progress on the mining license.

You never know there might even be a takeoff agreement or royalty agreement put in place to provide further funds.

or heaven forbid a takeover offer.

QML Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 6.5¢		Change -0.001(1.52%)		Mkt cap ! $22.34M

Open	High	Low	Value	Volume
6.2¢	6.5¢	6.2¢	$2.773K	43.85K

Buyers (Bids)

No.	Vol.	Price($)
1	31746	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	5248	1

View Market Depth

No.	Vol.	Price($)
1	31746	0.063
2	57600	0.062
1	163934	0.061
6	243266	0.060
1	33898	0.059

Price($)	Vol.	No.
0.065	5248	1
0.066	89482	1
0.076	40000	1
0.078	126587	2
0.084	212766	1

Last trade - 15.50pm 06/11/2024 (20 minute delay)

QML (ASX) Chart