another placement Red FoxSame old story, QANTAS must love the...

another placement Red Fox

Same old story, QANTAS must love the guys from BQT, they spend all the shareholders coin on travelling and never close the deal.

I ask you this, as I called the company several times as the stock dropped from 46.5c, and a director was never available, but I left my question 4 times on 4 seperate occasions, why the stock had dropped almost 20%, 30%, 45% and then 50%. NO RESPONSE.

My theory:

Seems to me a few brokers knew a placement at 20c was coming. The stock was trading nicely at 46c
with the market expecting a positive annoncement and then along comes a major seller.

One broking house which sold the stock down last time prior to a placement has been at it again, having sold over 12million shares since the stock hit 46c. They sold it all the way down and participated in selling under 20c.

I ask, how the directors could allow this selling to occur and how the ASX let the copany get away with it.

I also ask how BQT can burn cash so fast.

Just the opinion an aggrevated shareholder.