That would put QBL valued around $1.3b, no offence but imo there may only be 1-2 companies in Australia that even get close to that and I don't think QBL with only 55% in MCL are going to be one of those.
A more realistic speculation would be between $50-250m @3-20c a share, only time will tell
QBL Price at posting:
2.5¢ Sentiment: None Disclosure: Held