Irrespective of the merit of what they have presented, I would have thought currently, one has two options-
1.Sell the company
2.Hold it, and if so, vote for the placement. Don't hold it and vote for possible insolvency. If you don't like it, get out of the company.
I just think its counter productive to hold the company and try and spite it at the same time. And don't be surprised if the take up rate is not that high, theres not much confidence around- maybe everyone will get there 5k.
Anyway, I have a longer term view, where I see moly shortages, tungsten prices increasing, profits coming in and QOL developing Mt Cannindah which could be BIG. Cheers, Andy.
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queensland ores limited
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