QPM 15.6% 3.7¢ queensland pacific metals limited

QPM Chart, page-1780

  1. 4,776 Posts.
    lightbulb Created with Sketch. 3936
    Good to see some concurrence around the drop. I had mentioned over 2 weeks back that its not trading usual and hence sold around 26.5 - so had two trades 19 to 27 and 23 to 26.5.

    I am also not sure why this drop was happening as fundamentals still very strong - I have a feeling one large holding wanted to exit, or some exiting thinking no big news catalyst for SP in near future. But the signs were there that is dropping and is not its usual self. When I mentioned here about it couple of weeks back, did not get much support or I could say I was discouraged from many to talk such language. Anyway, we all have different ways in how we play, so I can understand, its all good.

    Have bought one third at 20c, was not totally convinced and hesitated to buy all - the way it is trending and if there is positive news - wished had bought all at that price. Anyway have a good buffer and if it looks like its back to usual self, then will pickup on Monday. All the best.
 
watchlist Created with Sketch. Add QPM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.