I think most of the people on this forum are very positive about the direction of QBL's SP, in saying this there are also people who are going to have a different opinion and this is also taken under consideration.
I don't think anyone knows 100% on what the SP is going to be over the next month but I like what I'm seeing for the longer prospects for the company.
1) Good cash flow with QBL
2) Wealth of industry knowledge and experience in Andrew Kavasilas heading MCL
3) Strong business plan for the future in regards to MCL
4) MCL is in strong position to move quickly and take advantage of this new market over competitors, currently putting the infrastructure in place as demonstrated with 22nd November announcement. Farmers already on board and in place for the 20 tonne of seed to be planted in new year and harvested in March generating cash flow.
5) Sample launch of Vitahemp products on the 27th of November
6) Bauxite mine prospects also make this a 2 horse race doubling investors chances of making a profit although everything at the minute is hinged on MCL.
With all this in consideration surely the long term prospects for the SP are very strong and the day traders can have their fun, not me.
QBL Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held