QNA 0.00% 1.3¢ qanda technology ltd

Ann: Notice of Extraordinary General Meeting/Prox, page-3

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. 9 Posts.
    re: Ann: Notice of Extraordinary General Meet... Correct me if I'm wrong but some disparities there in the report, they say QNA shares are valued at 10 cents at control before the transaction and then it halves to 5 cents with a high of 14 cents. So potential for increase but actually a 50% decrease due to 45% of the company going to DMCR.

    They are basically stating that the value of the shares compares favourably in their view after the transaction with the value before the transaction for shareholders, but I note a potential 50% decrease in value with an upside of a 4 cent (40%) increase from current levels.

    Personally I think there will be a consolidation not long after on a 10:1 basis and from there in my humble opinion they will fly.
 
watchlist Created with Sketch. Add QNA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.