I would actually be really disappointed if QBL/MCL get bought out any time soon, 50c would be minumum. A Market cap of 700-800 mill is not crazy if we see some strong sales over the next 12 months in hemp, Canntab has a positive response with the SAS scheme & a deal for our bauxite is secured.
A perfect storm I know but it's my expectations & I'm happy to hold & see how this all pans out.
A t/o price of 10-15c is not going to cut the mustard.
QBL Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held