10c @ 3.2 bil shares is $320 mil. That would be profits of $30 mil per annum at a pe of 10. I tried to estimate their hemp and bauxite profits before and couldn’t get it higher than $15 mil, although that was before the last few acquisitions. I’ll have another go when I get a chance.
QBL Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held