a good ann for the future path of QBL/MCL but definitely not something that will light up the runway for takeoff TODAY !!!
the real run will ONLY come when we have some revenue figures and we have the next 5 weeks of this quarter to start something on this front - ANY revenue before March 2018 QE is going to be THE biggest impetus for a run into the 10c+++ mark... if the first harvest is done + sold + $$$ realised before 31st March and reported in the quarterly, this one should provide the run we all have been waiting for...
I hope QBL / MCL deliver on THIS front before concentrating on anything before that happens - BRING IN THE $$$ and then find these "nice to have" ann in 2019...
I liked the ann today for sure, but would I go out and buy QBL based on this ann - NO WAY... I want to see $$$ come in... this ann may turn to be the geese that laid the golden eggs for QBL in the future, but not today - today ONLY cashflow will do the trick for us... hope the management spends more time and effort on that part ONLY for the next 4-8 weeks !
QBL Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
