I have been through a share consolidation, yes most go back down in price, but, not all.
I have also seen so many dodgy companies mine the pockets of the share holders and jump from one "company maker" to another only to produce nothing at the end of it.
So I have learnt the hard way to try and understand what is BS and what is of value.
I like you and many others bought in to QBL because it was basically valued at cash reserves, company making directors, imminent MDL potential and hopefully producing an income next year, worth a punt.
I'm currently like all others not happy with the Cap raising, never expecting that so soon. I'm still sitting on the fence and analysing where, what and when. Too many questions still to be answered, fortunately for me, I bought in at where we are at the moment so I'm holding my own for the moment money wise.
Just waiting for all the dust to settle, at this stage I'm planning to take up my allotment unless I find more reason not to.
QBL Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
