the takeover!, page-19

James33, I believe you are theoretically correct to say that NQM could be worth more if CQT goes up. However it appears to me that CQT is keeping the price of NQM down at the moment, which is ironic given the opposite should be true IF the CQT takeover was an unconditional cash offer (instead of script and cash). Even a AUD gold price of $1500 does not seem to be having much affect today on a day when the Gold index is up a couple of percent.

Regards