is qgc a buy?, page-3

SWHarris is right, you could expect the share price to come off a bit when everyone gets their hands on the SPP shares in the next few weeks.

Rumours of 13,000 shareholders with $15m of shares to divide up between them in the SPP.

You only had to buy just on 1500 shares (in terms of minimum $500 buy order at Comsec) to get into the SPP, and new shareholders may only get 4000 shares in the SPP, takes their potential total holdings to just on 6000 shares. It isn't much of a holding so you may get a lot of people just dumping em.

If it got really aggressive a retrace back to 35-40c could occur.

Disclosure: I am a new holder of QGC and I am participating in the SPP