I am still of the opinion that QMN need Matrix to proceed with...

I am still of the opinion that QMN need Matrix to proceed with White Range... happy to be corrected ...

If anyone reads the prospectus when QMN purchased White Range you will learn that QMN only have rights to a certain depth and Matrix have anything below that depth.

Matrix hopefully resumes trading on 6 January 2012 after recently coming out of administration ... recapitalisation of MRX currently in progress with a 6 January 2012 relisting date under another stock code. Good to see Mr Sage involved with MRX!!!!

I certainly am looking at buying back in at these levels.

P.S only imo, the way QMN & Tulla have structured the cap raisings is beneficial to QMN holders ... if anyone attempts a takeover at these ridiculously cheap levels then Tulla and Howard can effectively put a stop to any cheap takeovers.

PPS Pheonix1, interesting what you say about IVA ... I recently traded them for a tremendous gain ... they have just received some serious money from EXS ... hhhmmmm