Management have to restore some confidence in itself.
Their SP was crumbling down to .048, down from .097 just 10 days earlier, (2 days BEFORE a very positive development announcement) when on 19/12, low and behold, they call a Trading Halt and on re-opening, the SP flies to .061, then .064, in the next three days, volume soars with over 160 million shares being traded (who were the sellers??) on an announcement that AEB, which was the actual subject of QBL's Trading Halt, didn't think it warranted a Trading Halt for its own company??
Doesn't look too good does it? I'm just talking perception, but perception is a vital component in share trading trust and credibility. The "story" so far all looks great and very promising, the only things that are spoiling that are the very colorful announcements and the resultant share trading.
Management can and should remedy that.
QBL Price at posting:
5.9¢ Sentiment: Buy Disclosure: Not Held
