QBX's investment had a nice day Friday..4 up, 1 down
1,250,000 shares of PN (NYSE) at $8.63US = $15,850,000Cdn
325,000 shares of UBRT (NASDAQ) at $4.75US = $2,300,000Cdn
750,000 shares of CLP (CNDX) at $1.85Cdn = $1,400,000Cdn
80,000 shares of ONT (NYSE) at $28US = $3,300,000Cdn
24,000 warrants ($12.88) of ONT (NYSE) at $28.25US = $530,000Cdn
2,000,000 shares of GNI (CNDX) at $.43Cdn = $860,000Cdn
TOTAL - $24,250,000
When I re-calculated the numbers I found out that I forgot to convert the UBRT investment to Cdn. dollars. I said the 325,000 shares of UBRT were worth $1.5 million when really they are worth $2.3 million at todays close. At least these are the type of mistakes I like to make <ggg> They ended up making a gain $1 million Cdn. on their investments on Friday's uptick.
So that make approximately $61 million is assets ($28.25 in cash) after the $1.75 million PP closes. Not bad for a penny stock with 35 million shares out.
Best Regards
KEITH |
