PPRuNe Forums - View Single Post - QF shares hit $2.00, discuss
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Old 16th Jun 2011, 13:53
  #104 (permalink)  
FlexibleResponse
 
Join Date: May 2002
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According to Commsec the share price closed at $1.81 today for a Market Capital of $4.1 B but, the "Book Value" per share was $2.62.

With a margin like this, a canny takeover asset-stripper company could make quiet a small fortune.

The lower the share price goes the better the margin and profit for such a takeover event...

To find out who benefits most from such a strategy of pushing the share price down, they say you should always follow the money trail.

Watch those who are still friends of Suzie...

Edited to show $4.1 B instead of $4.1 M as pointed out by Icarus...Thanks.

Last edited by FlexibleResponse; 17th Jun 2011 at 15:48.
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