10% of Eftel:Sold

[misi]

Eftel needs some funds urgently...


http://www.asx.com.au/asxpdf/20090318/pdf/31gnbrhzwpqs3b.pdf

QUOIN (INT) LIMITED ARBN 062 708 141 17 March 2009 Companies Announcements Office Australian Securities Exchange ANNOUNCEMENT FOR RELEASE TO THE MARKET QUOIN (INT) LIMITED ASX: QIL Strategic Investment The Company advises that on 16 March 2009, it entered into agreements to acquire 17,773,840 fully paid ordinary shares in Eftel Limited (ASX: EFT). This acquisition represents over 10% of the issued share capital in EFT. The acquisition will be funded by the issue of 17,773,840 new fully paid ordinary shares in QIL in exchange for the EFT shares. Based on the closing price of EFT shares yesterday of $0.038, this represents an investment by QIL of $675,000.

Today's closing price of EFT : $0.03


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[biggles]

Today's closing price of EFT : $0.03

That's about what its worth.

 

[foxidrive]

Time to buy some shares... no?

 

[misi]

Today's closing price of EFT : $0.03

That's about what its worth.

I would not put my $0.02 on it...

Time to buy some shares... no?

Yes! Could reach $5+ soon!

 

[Deb]

Maybe they want fuzzy wuzzy call centres f9

 

[biggles]

Time to buy some shares... no?

Shares? I thought $0.03 was for the entire company.

 

[misi]

Maybe they want fuzzy wuzzy call centres f9

They already have them in Malaysia,Deb.

 

[Cheeky Chef]

Maybe they want fuzzy wuzzy call centres f9

 

[misi]

Time to buy some shares... no?

Big opportunity just now,their share price went up by 27.27%.
One whole share has been sold for $0.014
Share brokers might charge ~$20 for it.