QIP 0.00% $1.74 qantm intellectual property limited

Ann: Update On Adamantem Indicative Proposal, page-12

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    A bot at work this morning, gradually working share price down, trade quantities of 7 or 10 or 17.
    Interesting action when QIP has sort of confirmed the offer remains at $1.81 or above.
    Is it a case of massaging expectations downwards, or trying to shake out a few shares through fear of the offer being withdrawn?
 
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Currently unlisted public company.

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