@mattyarty -- Maybe if you have been reading all of the posts, that I've been outlining, then I could walk you through a possible course of action, during the coming 5-6 months. It includes WHSP and their holding here in QHL too. As I've mentioned before and you can go back and DYOR about it... James Douglas has his options expiring by 31st December 2018. They can only be reset from the current pricing of 0.1625c/ps by a CR or placement. Then he pays the raise price plus 25%, which is the new option pricing.
So, he (James Douglas) has joined Acorn Capital Ltd (asx:ACQ), as an investment director (his linkedin profile points out).
Then why would WHSP not sell off QHL stake to ACQ when they had some recent sales of holdings in different entities. Actually they could have sold off their QHL shares to ACQ for a non-cash/share based consideration. Why not?? Hint for you.. there is alot of hidden value in this little gem. Believe it or not. How many are you holding now @mattyarty ?
Who do I believe is going to be given a placement and will WHSP want to block it? lol xD
Well it leads me to believe that if James Douglas gets a better deal than 0.1625c/ps then they are going to do a placement as priority to Acorn Capital Ltd (ACQ). WHSP block it? Not a chance!! They will be a pillar of support to the transaction.
Many investors would sit on their ideas and keep them for their selves. Normally I would do that, but seeing how downright dirty this company has been to its retail shareholder base makes me want to keep you guys informed. If I'm wrong after 1st of January 2019. I'll offer you all a sincere apology, but I'm 100% confident a transaction is in the making before the year ends (placement will be months before end of year). GLTAH This will be your year, trust me.
QHL Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
Believe it or not. How many are you holding now @mattyarty ?
(20min delay)
