Or QFX directors may just be bad at managing the balance sheet...

Or QFX directors may just be bad at managing the balance sheet and supporting the share price and have no real long term plan other than to keep raising cash until they break the all time record for most amount of shares on issue.

I suspect the only people to make any real money out of QFX will be the directors on fees, the company that buys QFX and anyone in under .005 if a takeover happens, it certainly is cheap enough.

Too bad for the massive amount of shareholders burnt over the life of the business, I suspect that's where we get most of our haters on HC from.

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