QRL 2.13% 24.0¢ quintessential resources limited

I find these sort of deals confusing. If as a current QRL...

  1. 222 Posts.
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    I find these sort of deals confusing. If as a current QRL shareholder you invested in the company it was presumably on the back of the copper boom and exploration upside in PNG. If I wanted to invest in technology I would have done so from the get go instead of having soon to be ex CEO (Paige) making these sort of sector decisions for me. Her lack of communication over the last few months is hardly inspiring and I for one struggle to see what she will be adding to the newly formed Board in terms of experience and track record. Also not clear why the new outfit want or need to be associated with QRL (if all the glowing successes are to be believed). Can someone who understands the deal a bit better please elaborate on why they will want to be associated with QRL (apart from the ease of already having a listed entity handy)?

    But who knows - maybe it is a great deal and that share price will get cracking!
 
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Currently unlisted public company.

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