should be worth 50 cents, page-16

Forbes, pac, efe & co,

For starters I don't listen to analysts to decide what stocks to invest in. I did my own research and analysis to determine what I will invest in. The risk reward with QRN was far to risky IMO. Thats not to say it wouldn't trade higher than the issues price in the first months/ year. However all stocks SP catch up to their value.

I agree their will be huge growth potential in the coal space, however nearly all that growth is basically factored into the shareprice. Hence the risk of QRN not experiencing this growth will have a considerable impact on the shareprice.

I would much rather look at this stock in a yr plus down the track after they have reported results and for them to meet and exceeds the forecast in the prospectus.

If you are from QLD and know what reputation and culture that QR workers have, you will know they are not exactly reknown as a productive workforce.

In today's courier mail it was reported 3500 staff (1/3 of QRN's workforce) had been offered voluntary redundancy of 15 weeks pay. You do the math:
Assume $60k per employee (this Is grossly understating)
That's $17 300 per employee
$60.5mill total cost

Who pays for this..... Thats right QRN. And if they don't take it, you are paying the employee for the next 2 yrs. Then after that you can lay them off.

Plenty of risks in this stock that far outweigh benefits (as alot of the potential growth is factored into the price)

Good luck to all holders but im certainly not silly enough to put my money here.