QPN 27.3% 0.8¢ quest petroleum nl

Oil Sands, page-29

  1. 633 Posts.
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    If you bought in at .006, after the consolidation the shares would have to go to 12C to break even if consolidation happens at .001, which seems likely as price hasn't moved for months and good news hasn't helped.

    So I need 12c just to break even as well if that's the consolidation scenario.

    On the flip side the 2c can slide back to .001 and then it would be a further factor of 20 times loss on top of my current losses.

    E.G $60K (.006) turned in $10K (.001)

    $10K (2c) needs to go to $60k (12c)

    alternatively

    $10K (2c) possibly go to $500 (.001)

    So reality dictates that I will smile if we get to 25c - who wants to bet how long that takes or if it will get there?
 
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