I would have a good guess that this large sell order just of the market is pure manipulation to push the price down. I would not be supprised to see the same or a related party is quietly picking up sales below this price. Just go back to the fundamentals, a valuation was done by locke partners at 28.5cents plus other resources not included in the valuation. You have over 250000 tonnes of copper worth $8000 per tonne Thats $2billion even at 10% net profit you are talking $200million. You have a major shareholder who is prepared to put funds in at 12c , new knowledgable people apointed . These directors are not stupid, they are planning the future of this company's future wealth,they are not going to accept or even accomodate a takeover offer at anything below the valuation,or what they thing the company is worth. Just have a little patience and a little confidence and support you company.
QMN Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held
