There is an extensive shareholder list as at 31/5/22
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If QEX is only trading at a minute scale of what it was & he's cleaned off the liability to WBC
that's swapping one debt for a debt to major shareholder .. was that to clear a Bank's guarantee
hanging around his neck ? ;)
NTA must be fairly small as it is so further dilution of holders which cant be discounted may prescribe even less
value for minorities locked in with untradable stakes in a smaller can of worms, now just limping along ..
seen that sort of scenario play out elsewhere too, where minorities get further marginalised down to next
to nothing further down the line .. any tax losses residing in the reduced can of worms ? :)
Qex.co.nz is no longer a functional website so we can assume Qex is not trading at all.