I too have been confused by Weihuawangs share issue calculations. I agree the current issue is 201,330,089 fully paid shares.
The QMN web site does make reference to 23,725,000 Options to be excercised at (updated) price of $0.20, in 2012. View the Investor Information section and look at the Fourth Supplementary Prospectus dated 25 June 2008. I'm not sure whether Wei is referring to them. But I agree the share is becoming a bit of a dog. The SP certainly crumbled today.
fairport. Keep up the good work Weihuawang, I appreciate your comments both on this and the CDU thread
QMN Price at posting:
32.0¢ Sentiment: None Disclosure: Held