Folks.......do not worry about the appearance of Andrew or the sleek ,salesman ,smooth talking so called successful people on the show and to me Andrew looks humble and honest kind of person.
Impression is of course important only to sell story but fact remain on that show QBL/MCL is the only one making money with a business model far superior compared to others.
The fact that CAN was backed by some institutional money manager again is no guarantee that they will make money tomorrow or next year and are you impressed by their stainless steel smallish facility really ?? and it was supposed to have cost them 70 odd mil from the CR they did not long ago ?
Institutional money managers lose money too and they can still make wrong bets too as the show confirmed that it is a risky speculative bet.
Media like to create sensation and that will sell the story and it is good to show the trap of success by showing flashy car etc but they have failed to cut deeper and asked basic fundamental key point to that analyst to compare those companies on the show and to tell viewers the one which makes money already NOW, which makes it less risky to invest.
That is the key point that sets QBL/MCL apart and CAN has market cap that is more than 3 x bigger than QBL so it is priced to perfection.
There are others who are worried that QBL has 1.5 bill shares, well it should not worry anyone and there are big companies on the 200 ASX which have billions of shares too.
If QBL keeps delivering good results investors will buy in irrelevant of 1.5 bills shares or Andrew is not wearing Armani suit and drive a Porsche.
QBL Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
