QPN 27.3% 0.8¢ quest petroleum nl

I guess it comes down to for people who discard the history is...

  1. 633 Posts.
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    I guess it comes down to for people who discard the history is QPN (insert new name and code) if it is worth $3 M market cap or more?

    I mean if it was consolidated even more by another factor of ten would QPN be worth 20c with 1/10 less shares on offer?

    Company has $3M combined assets so I guess it is exactly where it should be. Problem is if it goes down to 1.0c people will think it is a bargain as they have more cash than company worth and the spin cycle starts up again
 
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Currently unlisted public company.

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