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Qsolar Ltd. QSLRF



GREY:QSLRF - Post by User

Comment by HagenvTon Jun 11, 2014 8:29am
316 Views
Post# 22648419

RE:RE:RE:RE:Known Facts vs Speculation

RE:RE:RE:RE:Known Facts vs Speculation

Hi mercurysmith,

I speculate:

Mr. Xie also owns 6.666.667 warrants

Source: "2013-06-12 16:41 ET - News Release - QSolar appoints Xie to board" - https://www.stockwatch.com/News/Item.aspx?bid=Z-C:QSL-2079803&symbol=QSL&region=C)

and I (we) don't know the date(s) and price(s) they can be excercised at (at least, I found no source).

On March 30, 2014 471.000 plus 100.000 purchase warrants have been exercised at a price of $0,40.
 
Source: Q press release - https://www.fscwire.com/newsrelease/qsolar-reports-successful-warrant-conversions-prior-march-30-expiry-and-redemption-and

If these were some of Mr.Xie's warrants, then he could have sold the purchased 571.000 shares with a profit:

Filing Transaction Insider Name shares Price Value
Date Date
Jun 10/14 Jun 10/14 Xie, Junliang 25.000,00 0,4100 10.250,00 CAD
Jun 10/14 Jun 10/14 Xie, Junliang 10.500,00 0,4000 4.200,00 CAD
Jun 10/14 Jun 9/14 Xie, Junliang 169.000,00 0,4000 67.600,00 CAD
Jun 10/14 Jun 9/14 Xie, Junliang 9.000,00 0,4500 4.050,00 CAD
Jun 10/14 Jun 9/14 Xie, Junliang 5.000,00 0,4600 2.300,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 180.000,00 0,4500 81.000,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 92.000,00 0,4600 42.320,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 115.000,00 0,4800 55.200,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 20.000,00 0,4900 9.800,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 41.000,00 0,5000 20.500,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 20.000,00 0,5100 10.200,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 20.000,00 0,5300 10.600,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 30.000,00 0,5400 16.200,00 CAD
Jun 9/14 Jun 6/14 Xie, Junliang 20.000,00 0,5500 11.000,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 106.000,00 0,5000 53.000,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 59.000,00 0,5100 30.090,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 35.000,00 0,5200 18.200,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 11.000,00 0,5500 6.050,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 34.000,00 0,5700 19.380,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 7.500,00 0,5800 4.350,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 7.500,00 0,5900 4.425,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 7.000,00 0,6000 4.200,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 5.000,00 0,6100 3.050,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 15.000,00 0,6200 9.300,00 CAD
Jun 6/14 Jun 5/14 Xie, Junliang 6.000,00 0,6700 4.020,00 CAD
Jun 5/14 Jun 4/14 Xie, Junliang 57.000,00 0,7300 41.610,00 CAD
Jun 4/14 Jun 2/14 Xie, Junliang 5.000,00 0,7200 3.600,00 CAD
Jun 4/14 May 30/14 Xie, Junliang 6.000,00 0,7000 4.200,00 CAD
Jun 4/14 May 29/14 Xie, Junliang 26.000,00 0,7100 18.460,00 CAD
      1.143.500,00 0,4977 569.155,00 CAD

Between May 29 and June 10 he sold 1.143.500 shares at an average of $0,4977.

If the 571.000 warrants from March were his,
he could have made $55.786,70 gross profit.

Questions are:
  1. Is this short term profit worth the (short term) price deterioration of the shares ? (43% so far)
  2. with the additional (1.143.500 - 571.000 =) 572500 shares he made a gross loss off (0.4977 -0.75 =) $-0.2523 a share or $-144.441,75. In total, his gross loss was $-88.655,05.
In the end it doesn't make sense (for me).

Good luck


 

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