going through of dillution (spp), page-3

well from my perspective we are going through a massive profit taking by investone. They are converting their 4 million in loans into a very handy return. QHL took 2 mill from them in March or may and another 2 million in October. They have converted that to about 10 million. That is over 250 percent in less than 12 months.

It is quite amazing the QHL has held up pretty well in the face of such a concerted disposal effort.

I say good luck to them though. If they hadn't come up with that loan facility this time last year, I suspect QHL would have had to close the doors.