Sorry but its a little old, 2008
http://www.asx.com.au/asxpdf/20081001/pdf/31cnthn1q8gsr0.pdf
I think they were 50c when listed and had 179m shares on issue, the company is now worth 10 X less than issue and been diluted by more than double, anyone who bought a 50c qmn share from the prospectus is now worth about 2.5c from dilution and falling share price, you would be hard pressed to fins such a pathetic return on capital. The funny part is that the peddlers responsible for this fine performance are still employed and i kid you not they pay themself a bonus for this fine effort.
You have to feel for the origianl holders who were told one serious bed time story about the riches of copper and gold
- Forums
- ASX - By Stock
- found the top 20
Sorry but its a little old,...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online