Bear in mind the owners of these shares (MCL major shareholders pre buyout) are now major shareholders in QBL, which is essentially MCL. Their interests I can’t imagine will of changed, especially at how well poised MCL is now in the MM industry. When the two years is up it doesn’t mean they’ll sell and smash the sp down, they invested in MCL for a good reason and will just as likely want to see it grow into the leading MM company in aus. Also Andrew kavasilis would be one of the largest shareholders in that group too, I can’t imagine him jeopardizing his own company.
QBL Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held