Ann: Trading Halt, page-5

There are a couple of things that worry me.

1. In the week before the placement, QMS was the subject of relentless selling. Coincidental ? You'd have to be naive to think there hadn't been a leak.

2. Clients of Baillieu who took the stock at $1.05 are unlikely to be loyal long-term holders, and happy to tip them out at a 5c profit, which will put a lid on the price for some time. It would have been far, far better if all shareholders had the chance to participate.