it’s called accumulation my freind as the assest will be sold...

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Lilnat

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07/06/23

11:54

Post #: 68171713
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Originally posted by Ty Cat Mac: ↑

Why would it be Black Rock after they tipped in for $2.6m at 19c back in September 2022 in order to maintain their relative % shareholding after QRC came on board for $22m. The QRC debentures convert to shares at 25c - look at the "Capital Raising Investor Presentation" dated 9.9.2022

BR are not Regal who manage placements & then tip all their stock out, even at a loss - they are in this for the long haul as they can see the obvious potential

KK said (if I recall correctly) in one of his past interviews that QRC would be happy to step up to the plate for further funding. Also remember that Andrew Forrest & Jack Cowin are major shareholders in QRC. They don't often make stupid investment decisions!!

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it’s called accumulation my freind as the assest will be sold for the right price. Things don’t happen over night……….
market cap right now of only 170 million… big profits to be made in the future for those accumulating…

everyone wants to get rich overnight…..

Last edited by Lilnat: 07/06/23

CEL Price at posting: 15.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 8.7¢		Change 0.006(7.41%)		Mkt cap ! $179.6M

Open	High	Low	Value	Volume
8.2¢	9.0¢	8.2¢	$158.2K	1.865M

Buyers (Bids)

No.	Vol.	Price($)
3	283688	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	44359	1

View Market Depth

No.	Vol.	Price($)
3	283688	0.086
3	706941	0.085
2	115000	0.084
3	1116440	0.083
1	12195	0.082

Price($)	Vol.	No.
0.088	44359	1
0.089	45290	1
0.090	682080	3
0.094	26464	1
0.095	55000	1

Last trade - 16.10pm 17/06/2025 (20 minute delay)

CEL (ASX) Chart

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