QFE quickfee limited
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if it was done with the rights issue? would we of still had the...

  1. Phillipho
    635 Posts.
    lightbulb Created with Sketch. 47
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    12/05/24
    10:26
    Post #: 73782969
    if it was done with the rights issue? would we of still had the 60% increase from 5c to 8c?

    Current raise represents a 14% dilution on current MC.

    If the raise caused a 60% increase in price with 14% dilution sounds like a good trade off as an existing holder, not sure a rights issue would be able to provide value equating to 46% per share? anyway let's see where this goes from here most likely nowhere for a few more months
    QFE Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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