I thought of ignoring your post but then yet again i couldnt resist.....
Anyways this is all in my opinion lad and i am not in talking about harry potter's existence! How i see this is that the management between QBL, Queensland Phosphate is common and there is an ongoing investigation around the 87m transfer. Even if the company is not liable financially the management is and if there is any fraud proven then it would be interesting to see if the management aka top shareholders would/could still stick around. On the contrary side nothing can happen and people like you would be smiling and be rest assured nobody is going to come and take a slice out of your pie!
Regarding CBTIC its a fact published on ASIC and I am sure not many of you were aware about this till yday. A lot of people did take the rights and traded last year because of the CBTIC hype and its not fair on them (you are probably got caught up recently in this?). I remember reading @indahood postings about how CBTIC would just pull rabbit out of QBL's hat by connecting them to Chinese buyers. This aint happening anymore as the company itself doesnt exist! (if they both are same). For QBL good luck finding a taker and competing against rest of the bauxite producers i.e. Chinese, Malaysian, Indian, Australian.
Good luck to QBL and like i have said i am shareholder as well and would love to see some money but i accept a)unicorns doesnt exit and b) it definitely cant fly..
QBL Price at posting:
0.8¢ Sentiment: Sell Disclosure: Held
