QMX Gold (QMX, TSX): Don’t Let Their Sloppy Share Structure Scare Ya!
Dec 09
After Eldorado Gold (ELD, TSX) buys 68 million shares of QMX Gold (QMX, TSX) at 6 cents per share, QMX have about 334 million shares outstanding. Yes, that’s a lot of shares. But once you get past the sloppy share structure there’s a lot to like about QMX. And the upshot of having lots of shares outstanding, at least in this case, is liquidity. Average daily...
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