"Guess the 0.001 share price reflects all the positive announcements that have resulted in no material change yet."
imho, the "quickflix and foxtel presto enter reseller agreement" announcement was just enough to cause a whole 90 minutes of frenzied buying, resulting in just enough of an sp rise to allow qfx to conduct a much needed placement to "professional and sophisticated investors". and less than 3 weeks later, with the sp back @ 0.1c, it's business as usual for qfx holders.
QFX Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held