QRL 2.13% 24.0¢ quintessential resources limited

Ann: Yonder&Beyond Investor Presentation, page-4

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  1. 1,412 Posts.
    lightbulb Created with Sketch. 4
    Totally agree, I'm happy to buy up to 2c especially with the roadshow set to start tomorrow we can expect some institutional capital to come in.

    I'm also expecting the raising to be heavily oversubscribed and therefore we can expect to see everyone with FOMO buying on market and driving the price up. Most recent and comparable would be 1Page (also done by Foster) where a foreign tech company backdoor listing on the ASX. ITT (the shell) closed at 1.5c (equivalent of 30c post consol) before being suspended. Upon relisting it went straight to 40c and is trading around 42-43c today. I've said before that I reckon this will follow the same trajectory. Only a matter of time before it erupts IMO.

    Cheers,
    NW.
    Last edited by NightWatchman: 10/11/14
 
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