QRN 0.00% $3.57 qr national limited

The maths is simple. If there are buyers lining up then sp won't...

  1. 6,815 Posts.
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    The maths is simple. If there are buyers lining up then sp won't fall, rather go up. If not then you know what happens.

    Many who have posted here are convinced to make a "certain"
    profitable deal. IMO the best chance for that will be today (AET). I was thinking to participate and to take advantage of the retail and QLDer sweetner. But just by watching and listening to QRN's biggest clients, the coal industry, I had big doubts that this is a good investment.
    They didn't withdraw their offer for no reason.
    Don't forget, only the trains and carriages were on offer, the tracks are still in "Anna's" hands.
    And if Anna blocks or just doesn't maintain the tracks, "Good By" invested money.

    A government is always great in spending money but rarely in making. Golden rule: As long as a government is involved in any business- hands off.

    GL to those who participated. For you I hope I will be wrong.


    $2.55, very close the proposed bottom, tells it all.

 
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