QFX NEC

Why is it so hard to believe channel 9 wants QFX? It makes...

First 80 Last

Share
Profile

Follow
simmosimosa

430 Posts.

31

30/08/14

05:21

Post #: 13898271
Share

Originally posted by makattack ↑

Come on gyro, this is a great pump. An announcement, not even marked price sensitive and rightly so, induces a volume of 58mill and a price increase from 1.1c to 1.6c. Then gets sold back down to 1.2c and closes at 1.3c. Announcement made AFTER acceptances for placement closes. Why? So that shares can be issued at 1c and volume created so that when shares go live on Monday, there's a market to sell into for at least a 10/20/30% profit.

There was nothing material in that announcement. Shares moved from Channel 9 to Channel 9s Streamco venture. Same reason, to block a potential competitor takeover if need be and first dibs at content if QFX is ever liquidated. Still remains to be seen whether Ch 9 decide to take over, but claims of 3c a share are plainly ridiculous. Now over 1.5bill shares, they're not going to pay $30mill.

I do commend you though gyro, you have your placement at 1c and you should be able to make a tidy profit on your trade. Both of us have won out of our QFX trades and that's what the sharemarket is all about, making money. Can't say the same for some of the poor long-termers unfortunately although hopefully they can claw some or all back.

Have decided to discuss QFX no more than once every few days at most. As mentioned spent far too much time going around in circles with die-hard QFX only followers and have addressed that issue now

Good luck to you and everyone trying to make a quid. Have a great weekend.

Expand

Why is it so hard to believe channel 9 wants QFX? It makes perfect sense, streamco going live next year they need a solid platform, content and users which quickflix has! Why would they start from scratch where they can put good money into an already working system.

SL even commented recently that they have been talking with big international and local players in the industry.

i have every confidence that QFX is about to shine. TO or not!

NEC Price at posting: $2.06 Sentiment: None Disclosure: Unspecified

QFX Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

QML

Black Canyon finds 3km worth of manganese after mapping and analysis at Wandanya

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 13 more messages in this thread...

First 80 Last

Add QFX (ASX) to my watchlist

Why is it so hard to believe channel 9 wants QFX? It makes...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Black Canyon finds 3km worth of manganese after mapping and analysis at Wandanya

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025