QPN 27.3% 0.8¢ quest petroleum nl

Ann: Quest Rights Issue , page-2

  1. 10,662 Posts.
    Wow!
    Another tin rattle down to 0.6c with a 50% dilution if it's all taken up?
    Why would 2 of the directors underwrite a mere 5% of the issue? Does that mean they get a fee for that tiny undertaking?
    How do the buyers at 0.8c this morning feel now?
    Why are the 0.7c buyers still there?
    Assuming it will be 0.5c after this, how long until it gets a massive consolidation?
    1 for 50 would only drag it up to 25c per share from 0.5c
 
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