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30/03/17
23:43
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Originally posted by liam33
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I bought QBL at 30c because I liked the marijuana side of the business, and the idea of imminent MDL approval was also appealing. What do you guys think it will take for the company to increase in value over the short term and long term? The almost two years of small movement in the SP from 2015 to 2017 has me concerned something like that might happen again after the marijuana hype is over, if they aren't successful there.
With QBL still not providing any news on the bauxite front, and recent marijuana announcements not having any real effect on the SP, I'm starting to be concerned I made the wrong decision. I only have a very small stake and I'm considering just selling and cutting my losses. Any thoughts are welcome!
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If it is just small stake then don't worry about it, you're only affected if you sell out now. It's not even legalised in Australia yet so if you're happy to sit on this and wait, I personally would be