QMS 0.00% 87.0¢ qms media limited

Ann: Trading Halt, page-22

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  1. 1,719 Posts.
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    In an effort to respond to your keenness to get the forum going, disco:

    1. I think the potential for the company is there. Whether or not sports advertising at venues, in particular, is saturated, I don't know. If the economy turns down, so does advertising expenditure.

    2. I am a former holder, but I spat the dummy when the share price drifted from over 120 to about 112 over a few days, and, lo and behold, Baillieu placed shares at 105. Many of these shares are held by Copia, which is a Baillieu offshoot. Retail shareholders did not get a look in and were diluted and slaughtered. You refer to huge trades: I reckon that's pass the parcel around the mates.

    If they get close to 100, I'll nibble again, because on fundamentals it would be a reasonable punt. We need to be aware, though, that the price is largely governed by the blue bloods at the Royal Brighton Yacht Club !!
 
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