Beany, you are partly right in that there was a raising at 15c when the SP was trading around 20c. The SP then went to 40c upon timely releases of news which allowed the sophs to exit on exellent profits. they then did another placement when the sp was trading around 30c and this time the placement price was half the sp which was 15c. Tell me if this wasn't a gift?
Subsequently most of them dumped immediately and the price has been languishing ever since.
At least this time the sophs haven't been able to cash in given the sp is below the placement price, but they will soon enough which will keep a lid on price in the short term.
QMN Price at posting:
12.5¢ Sentiment: Sell Disclosure: Not Held
