QOL queensland ores limited

australias only tungsten producer , page-8

  1. 20,390 Posts.
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    bikenut,

    many stocks that dont trade heavily pick up after they move to production.

    I think it is a good medium term play and I dont mind the fact that they have raised the cash. The raising was at a biggish discount but for such a small stock that was to be epxected

    we also cant say it dropped from 21 to 18 and therefore it is on the way down.It never closed at 21 only at 20 and a 2 cents drop for a stock this size is not a big deal at all, they can be much more volatile.

    tomorrow may be weak as the US market looks like it will get smashed tonight however a clearer picture will emmerge in a few days.
 
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Currently unlisted public company.

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