NQM 0.00% 40.5¢ north queensland metals limited

nqm has become a significant gold producer, page-2

  1. 559 Posts.
    volume significant today ~ 2 mio shares. low/high 0,27/0,31

    Only explanation for me: the guys financing the pajingo deal got 11 mio shares at 0,22 and 13,7 mio shares at 0,37.

    So , maybe they are selling their 0,22 shares for some low profit. Must be financial experts..

    If this is true, those 0,22 shares are gone soon, then they have the 0,37 shares which may be sold at ~0,55.

    So I expect some more days at current levels, then move into the 0,5x range..

    Enjoy,
    Pisa_
 
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Currently unlisted public company.

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