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3.9¢ queensland pacific metals limited

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shen1r

277 Posts.

86

26/08/21

10:20

Post #: 55584019
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Originally posted by 88aaj: ↑

Just in case anyone interested, this notice was for the conversion of 12 million options (strike price 0.03c).
So, this is probably what some of the selling has been lately after the recent high of 21.2c.
I noted a lot of CXXT trades around this date, which could have been these shares being sold through a friendly broker trying to do it smoothly rather than just hit the market. My understanding is the option holders are friendlies, but deep in the money so you can't blame them for taking some cash off the table.
I also understand there are only about 20 million options left, but will try and confirm this with QPM management.
If the selling has been these option conversions, then IMHO, supports will hold nicely and the SP should start to move higher again with demand outstripping supply. DYOR & GLTAH

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More like 120,000,000

QPM Price at posting: 18.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.000(0.00%)		Mkt cap ! $78.48M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	28387	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	42048	5

View Market Depth

No.	Vol.	Price($)
3	43178	0.041
3	142000	0.040
4	335000	0.039
29	2545376	0.038
11	4283730	0.037

Price($)	Vol.	No.
0.039	74775	6
0.040	374003	3
0.041	554395	4
0.042	1190909	4
0.043	3000000	2

Last trade - 10.02am 20/05/2024 (20 minute delay)


Last 4.0¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
4.0¢	4.1¢		4.0¢	353412
Last updated 10.22am 20/05/2024 ?

QPM (ASX) Chart

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