QHL 43.6% 28.0¢ quickstep holdings limited

Was wondering why it says "Rights to shares in Quickstep Holding...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 954 Posts.
    lightbulb Created with Sketch. 39
    Was wondering why it says "Rights to shares in Quickstep Holding Limited (part of Newmarket) 8,333,333". There are 3 partners and if they all got an equal share of the 25,000,000 options then it equals roughly 8,333,333 X 3= 25,000,000 options to acquire ordinary shares.

    Essentially, if they (Newmarket) own (a majority of) Carbon Revolution but they shelved plans to IPO this year... then they got Acorn Capital Limited (ACQ) to invest in it (they got spare cash). Since QHL is trading lower and lower... I'm sure there is a scheme underway by James Douglas.
 
watchlist Created with Sketch. Add QHL (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.085(43.6%)
Mkt cap ! $16.13M
Open High Low Value Volume
21.5¢ 28.0¢ 21.5¢ $36.32K 147.8K

Buyers (Bids)

No. Vol. Price($)
1 4918 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 13000 2
View Market Depth
Last trade - 10.11am 07/11/2024 (20 minute delay) ?
QHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.