MCL will float in this first quarter of 2018. Up until then, the value of QBL attributed to the 55% ownership of an unlisted company is vague, and based on investor's sentiments regarding the future potential of MCL.
After the float, there is a definite value or market cap placed on MCL and the value of QBL will change in correlation with change of value of MCL. However the % change in SP of QBL will be a bit lower as it is a 55% interest. It is definitely worth holding both IMO. Then there is the Bauxite potential, which is not fully priced in yet to the SP of QBL. I don't believe you have much downside. But, this is the speculative end of the market. DYOR and take full responsibility for investing your own money.
QBL Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
