NQM 0.00% 40.5¢ north queensland metals limited

Petrolf, the composition of the HSK Board post takeover is set...

  1. 143 Posts.
    Petrolf, the composition of the HSK Board post takeover is set out in HSK's Bidder Statement, and it does include 2 current NQM Board members (not including the Board member who is already on the HSK Board).

    I saw an interesting article in The Age this morning (http://news.theage.com.au/breaking-news-business/conquest-tries-to-sway-nqm-investors-20100715-10ccs.html) analysing the Conquest Bidders Statement - seems that 3 HSK execs get 20% of profits after a threshhold of $250,000 is reached. Given NQM's profitability, no wonder HSK won't give this up without a fight.
 
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