QOL queensland ores limited

questions and answers about resolutions 1 2 3 , page-7

  1. 622 Posts.
    There is just one point to ponder , after all the credibility they have lost .It is only possible to raise this now after they have pulled this stunt & shareholders can see the situation objectively - without the rose coloured glasses .It is only possible to talk about this after the Fox Resources experience .Just imagine if QOL knew that they were not going to make any money for 3 years & they were actually doing you a favour by not letting existing shareholders load up with as much as you want .Fox Resources too did a cap raising through Tricom, a seriously sub market cap raising at $1-25 when the shares were trading at $1-90 .They plummeted as a result, but they eventually went to 45 cents & are only now recovering a year later.So you see there may be some method in their madness .After-all , existing shareholders have been torched to date & their current investment is presently only worth one-third of when they subscribed for the orig cap raising .Maybe it was better to barbeque outside botique interests that recook existing shareholders .Anyway if anyone thinks this is a bit far fetched talk to a long term Fox Resources shareholder & try to explain another way for the appalling treatment of existing shareholders who have carried this company to production
 
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