daytrading nov 12 pre-market, page-13

billyhyde, i calculate cash backing around 1.3-1.5c p/s

at 0.007 it is really cheap - at cash backing i'm not so sure

there are other stocks trading at a discount to cash backing

for example, MTN at 2c when i first bought it, it was cheap, when it went to 4c it became expensive .. note cash backing is 5.1c/p share

takover offer at 2.5c

just saying a company can trade under cash backing, doesn't necessarily go back there

still, QBL is a buy under 1c