Current SP, page-1695

White911
Why did you not buy at .006/.007
This is the problem i am talking about.
I believe QBL will be back to .006/.007 eventually, it may take time but one must look over the history of QBL trading.
It has had these pumps but always returned to the lows.
I see no difference now.
We can go on about MM and hemp seed and bauxite, but there is one MAIN THING most are forgetting....
Over a 3 year period, QBL has gone from 200 million share on issue to now well over 1.5Billion shares on issue.
SO..the big spike in 2014 @ 6.8cps gave QBL a market valuation of $13.6million.
Today right now, 1.5Billion shares at 5cps gives a market valuation of $75million.
This IMO is the problem here.
If QBL falls to 1 cps, the market valuation will still be $15Million.
HISTORY will repeat IMO, nothing will stop this fall because QBL in my opinion does not warrant a market valuation of currently $75Million.
This is why we are seeing a major hit here from the highs of a $150Million market valuation, just crazy IMO.
Radish is quite correct, there are many new players here, some who bought at the highs. Well i guess that is life.
Happy to be holding my free carry but happy to exit or buy depending on the situation at any given time.