MNQ 0.00% 0.0¢ minquest limited

Ann: ePAT selected for CSIRO's ON Accelerator Program-MNQ.AX, page-76

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  1. 638 Posts.
    lightbulb Created with Sketch. 39
    Why would they ?

    I have noticed at times people think Instos or top 20 holders think like retail traders despite trading larger funds

    In reality and my experience this is not the case , they usually hold long term , for instance I think given this business an Insto maybe 2 will take the $3m float , public won't get access . They don't go and do what the retail trader does which is stag a profit for a few cents , they will instead take a longer view of wanting to see it commercialise . Funds don't risk $3m in a venture just to make 30%

    As others have forewarned the only way to get access to this stock is to buy it on market , and given its capital structure it will mean buying up

    However my numbers when compared to RAP is a market cap of circa $90M is around 10c so plenty of upside value .

    Evidence of RAP is this type of value can be realised in less than 6 months
 
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Currently unlisted public company.

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