For a big company there is a little or no risk, and it is essentially a tax right off.
If there was real jeopardy, GM, LG could easily fund the difference.
The strategic change happened the moment that QPME was formed. The initial plan was to leverage the gas side to push the Tech project over line.
Moreover, it was a calculated hedge in case the Tech project collapsed.
As stated by others on this thread, the Tech project is not dead it is just in purgatory.... so to speak.
For a big company there is a little or no risk, and it is...
Add QPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.55M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.4¢ | $132.9K | 2.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 231474 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 284308 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.5¢ |
Change
0.000 ( 1.58 %) |
||||
| Open | High | Low | Volume | ||
| 4.6¢ | 4.6¢ | 4.4¢ | 2141350 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| QPM (ASX) Chart |