Look ... that's ok
@HeadKandee - I'll leave it there.
I am not going to explain this any further to you.
Fact is, QBL will potentially be suspended until 25 May 2018.
Fact is, the suspension is because their impending announcement is not in accord with ASX listing rules.
Fact is, it has or will take them 2 + weeks to resolve their compliance issues.
Given these facts, I would argue that the issues that they are facing are profound.
And guess who is caught with their dollars trapped - that's right shareholders.
My point is that shareholders are owed better than this from their directors.
My next examination (when the announcement eventually surfaces) will be to reconcile this event with their fiduciary duties. Further, one might also like to examine QBL Corporate Charter.
And if I was a shareholder and QBL have in fact made a valuable and material acquisition - is this the management team that you would entrust to maximise that value into the future?
