Ann: QEM Limited commences trading on the ASX, page-16

Yeah it honestly doesn’t really matter what you think. It’s an opinion and you can give it but you and another poster have been negative on QEM from the start which is really surprising considering your IRC probably would move up if QEM were to gain some traction. At 20 cents QEM have a fully diluted market cap at 20 million. Enterprise value of 15 million.

I have held the whole lot. AVL, TMT, KRC. There is money to be made on all of them. I can’t value your IRC. They gave their interests away for nothing. They aren’t even a player in my opinion. When someone is relying on others to progress their projects and they are left waiting I’m not interested.

So what are the market caps of AVL, TMT and KRC? I don’t do all the work for everyone but if you go assess the fully diluted market caps of those 3 then QEM would be considered a cheap IPO which is why the IPO was oversubscribed.