How the mcl deal works, page-17

Hi Ash

Thanks for the respectful reply. I know you are a holder as well. And believe it or not - I hope you and others do very well. I just happen to think that investors should consider all available information.

Yes - that video is played out every day on the ASX and HC - in my experience.

"One thing i have always wondered is, if this is a pump and dump, how to the all evil QBL directors take advantage of it?"

Good question (I mean that sincerely) and this is the type of question others should ask - in my view.

Ash - most respectfully - I think that if you maintain this line of asking questions even when you might not have any fondness for the contrarian point of view - I think you will ultimately, be a better investor. It is exactly how I learned to make some dollars. And boy was I anti-contrarian - you should have seen the ferocity with which I took to the contrarians! Fact is - I was an idiot to discount contrarian views and I am more than happy to admit to that failing.

As an example, I was once in a share that absolutely no one could criticise ... in my view ... well ... until I figured out that maybe the few contrarians (who I treated with nothing but abject disdain) had some valid points to make. Listening to contrarians saved me large chunks of my capital in one particular company. I often look back at that thread and still see the same squabbles going on but it is still the same stuff from the company and the SP is going down. Promise after promise after promise. And guess what - there was no cash going into their bank except for cap raising dollars. Go figure!

Anyway, how about considering these questions as a response to the points made in your post.

1. What if the directors pay no mind to repeated cycles of P&D's? They don't sell their parcels - so who cares?

The real acid test - in my view - is do / will they buy when they issue capital to their shareholders? Ask that question of the board!

2. What if the directors are able to derive large parts of their income from related party transactions and fees and charges etc.?

Given the above who would care about SP movements and P&D's - either way? I think, in this kind of scenario, all one has to do is make sure that there is enough dollars in the bank account to keep paying ongoing related party transactions and fees and charges etc.

Simple enough!

Over to you.