QPM

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4.5¢ queensland pacific metals limited

Ann: SPP Upscaled to $5M due to Strong Demand, page-174

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TommySmith

148 Posts.

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04/05/21

12:10

Post #: 52921364
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Originally posted by bullrush90: ↑

You are 100% correct

I am VERY happy with that outcome. The board has done well to support a LTH with a large holding and issue then a fair amount of shares rather than the smaller holder ( sometimes zombie holdings) created only to participate in a cr to buy larger holding at spp rate and then to dump the lot on the coming pump after the spp restriction lifts.

It is a day traders dream to make wealth that quick.

As the spp was increased due to the demand from holders the allocation was distributed accordingly
and rather than sticking with a 3mill spp QPM managed to gather another 2mill or so ontop of that.

If you hadnt realised QPM is a company that we are all owners of. Traders lose the fact that we need to do whats best for the company (in this case raise more money due to over demand) and not think so selfishly as to - you owned so many shares and didnt get my allocation that was applied for over that amount that you currently own.
Dry your eyes and be prepared next time theres a spp bud.

Expand

Does anyone actually know what the allocation policy was? I had a small holding and was eligible, but received no shares and got a full refund. I thought there was a minimum offered to small shareholders?

QPM Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.5¢		Change 0.000(0.00%)		Mkt cap ! $113.4M

Open	High	Low	Value	Volume
4.6¢	4.6¢	4.5¢	$146.1K	3.190M

Buyers (Bids)

No.	Vol.	Price($)
1	199999	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	284083	1

View Market Depth

No.	Vol.	Price($)
1	199999	0.045
5	1978624	0.044
4	2246511	0.043
2	254233	0.042
5	425317	0.041

Price($)	Vol.	No.
0.046	284083	1
0.047	6000	1
0.048	150000	2
0.049	718790	5
0.050	685266	8

Last trade - 16.10pm 15/11/2024 (20 minute delay)

QPM (ASX) Chart

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