QPN 27.3% 0.8¢ quest petroleum nl

How Many Shares?

  1. 633 Posts.
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    So the SP has hit rock bottom...

    Do we know how many shares have already been allocated to staff in lieu of payment?

    What is the dilution going to be by the time we drill? AM has indicated no matter what the results are of the seismic that drilling this year is unlikely. So even though staff may take shares by the time we drill we may be in the billions of shares.

    Has anyone done the maths on this? If my shares were bought at .006 if we really dilute down wouldn't they be essentially worth .003? How long does management think this rubbish can go on for without having a plan they can share with us.

    Have any other assets or cash been moved to the shell company?

    This stock stinks no matter what way anyone looks at it now.

    Bet management have a plan to reward themselves though if it all goes bust!
 
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Currently unlisted public company.

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