Its been a while but Im finaly back checking on my stocks. "My oh My" hasnt QMN had a bashing.
Not a worry though things are much the same as before and they are a bargain price now (9c-ish)so I'm one of the buyers of some of the 900k today. I dont see that anything has changed as such but I would be guessing that with drilling being under way we are closer to any announcments that will be made and perhaps a JV could be a few steps closer too.
Other companies must be watching us by now as there is nothing but good news coming from nearby yields so I would expect this to eventualy flow onto QMN. Why we are being held back is a matter for speculation (Management failures or cunning ?) and Im very optimistic it will pan out well in the mid to long term.
The traders look like they have gone so its just the accumulators and the people that are losing faith that are exchanging shares. Volumes are low but with any positive news that will increase.
I will check back in a few weeks and see whats happening. Life is too busy right now to keep anything other than a casual eye in our shares...Best of luck to those that have stayed onboard.
QMN Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
