Hi Gosh !
Yes well it would appear that QPN does (or did) have shares in SGY. C
Certainly at least at the end of the half year (31/12/10)
If you refer to about page 12 in that Half year report you will find the following details.
"""""""""""""""""""""""""""""""""""""""""""""""""""""""""
3. OTHER FINANCIAL ASSETS
31?]Dec?]10 30?]Jun?]10
A$ A$
Investment in Solimar Energy Ltd* 510,000 88,000
*These shares were received as non?]cash part of consideration for the sale of the consolidated entity?fs San Joaquin
acreage in California to Solimar Energy Ltd.
"""""""""""""""""""""""""""""""""""""""""""""""""""""""""
Now my copy and paste job is a bit wonky but what we are being told there is that back on the 30-June-2010 the SGY shares that QPN owned were valued at A$ 88,000
As at 31-12-2010 the share value had risen to A$ 510,000.
So yes it will be interesting to see if there is any mention of them in the upcoming update which I guess should be out this week.
It would also be interesting to compare the price of SGY shares back on 31 Dec with their current price.
Hi Gosh !Yes well it would appear that QPN does (or did) have...
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