The offer is in line with a Hail Mary but this company is not dead, it is in a very deliberate hibernation.
We own a world class resource of a commodity with a massive growth outlook. We have been waiting for this time to restart the process. There is about to be a massive influx of government and institutional investment into this industry.
This company has shown it has the patience and diligence to wait for the right way to bring this resource to life. QML is a baby and much is unknown about their abilities so far. I am looking forward to see how this plays out.
Ann: Response to bidders statement, page-7
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $10.28M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.177K | 1.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 17496209 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5560565 | 9 |
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| Last trade - 11.15am 30/08/2024 (20 minute delay) ? |
| LML (ASX) Chart |