Excellent points there ikey...but heck how many other Companies are out there with little or no cash that are flying ???? heaps my friend..take GGG..VIL...to name just two and i could easily name 100...why do Companies do Cap Raisings ? to pay themselves of course..well most of the time they do..take MAE broke owe heaps oh ok lets do a CR give out some cheap options or similar???
Why did all those holders vote to give HR the options !!!!!
What a dumb and i mean DUMB yes vote that was...why give an incentive or reward to someone that does absolutely nothing apart from write on a piece of paper, im no accountant either but hell look at SSN heaps of cash in the bank little or no debt but SP heading down? why? no confidence in Management any more id say.
Yes QMN have good ground good JORC good BFS just no market confidence, this thing should be $1.58 like another holder pointed out just on the IGV ( In Ground Value )or NPV if you like alone...1.2B in value on old terms
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Excellent points there ikey...but heck how many other Companies...
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