Well ... yes ... that makes some sense ... perhaps?
However, if you want to run the P&D line and refer to the unrealised 250% gain (you haven’t sold have you) then I think you should try and factor in those who bought in at 10c - I only say it because it would bring some balance to that part of the debate. Surely?
For example - if you purchased 1 million shares at 10c it would have been an “investment” of $100,000 - well that “investment” or speculation is now worth $37,000 - an unrealised loss of $63,000 (excl tax, charges and fees etc.).
And thing is - how do you call them “P&D players”? Whatever you might want to call them - they are not 250% in front! That was the point!
And irrespective - you failed to provide one example where QBL have added value to the value of a share! Do you have some figures to hand? I posted some the other day that showed negative signs against commonly accepted measures of commercial effectiveness. Do have anything to add in this area?
Now - where would you rather be - an unrealised gain or unrealised loss? Another rhetorical question ... I suppose!
What say you to those unfortunate souls who bought at 10c?
QBL Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
