QMN 0.00% 16.8¢ queensland mining corporation limited

pre nr, page-7

  1. 362 Posts.
    ...and here it goes around again, the sophs get as many shares as they want at the expense of existing holders by creating significant dilution. now if history repeats itself which isn't the first time with this company, the good news for holders will be some short term gain, ie 'the pump' this will be on the back of some type of news.

    holders should be ready to hit the exits because there is the majority of 60 million shares ready to 'dump' as this is how the sophs have milked this thing so far, and is the main reason it's still not up near 40c.

 
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