As I have previously pointed out, on the QBL website over the last week there are a number of post which have the phrases.
- "all very exciting",
- "it was worth the wait!",
- "ensure that all shareholders are fully informed about our exciting results and their implications",
- "we believe this to be an extremely exciting prospect that we hope will create a lot of shareholder wealth.",
- "draft is now looking good.",
- "We share the excitement of our shareholders on these latest developments, and we are looking forward to profitable times ahead for all involved."
Yes, despite all these pumped up and positive phrases - management also compounded the problem they initially announced without a comprehensive JORC and had misleading statements. The ASX pulled then up on this and unfortunately SH were trapped by the TH and Suspension and Order Wiping. This management, who show an old apartment in Bondi as their corporate address - 'IMO' misled many. Whether intentionally or unintentionally, ST were misled.
QBL Price at posting:
2.2¢ Sentiment: None Disclosure: Held
