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Ann: Company Transformation Announcement, page-76

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Luke164

642 Posts.

659

20/06/18

22:15

Post #: 33840801
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Originally posted by Tomasp ↑

This is brilliant news...

but is it just me that's a little scared at 3bil shares on offer after this? Such a massive amount of shares issued really isn't a good thing is it.... Now given MC is calculated on the total number of shares, if we were saying QBL was worth being a $400mil MC company which was about 30cents per share, will now be only 15c a shares...

Which means what you hold in your current parcel is worth less? Really hope I've got something wrong?

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Are you forgetting the halted price was 4.9c?

We wouldnt achieve the 15c without the acquisitions. A necessary issue.

Last edited by Luke164: 20/06/18

QBL Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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