One of the top share holders bail out before the news while they have paid more for their investment.
the second large holder was not a holder he was a lender... A convertible note holder who has been given shares as per agreed terms... He sold out his shares just before the news announced, a day before.
although he still holds 44million almost 10% and we don't know his intensions as yet... Is he going to hold or bail out? We don't know.... If the news is good it won't matter to share price and it will keep gaining....
if they decide to sell we have plenty of buyers to buy as volume is really high... However, sp may not go as high as we are hoping. I guess we will know after reading the news
cheers
QBL Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
