daytrading june 19 morning, page-7

  1. 642 Posts.

    QBL

    Not a daytrading share but take a good look at the cash reserves compared to market capitalisation:

    MC = $1.8 MILION @ 271 MILLION shares on issue

    CASH = $4 MILLION + $1.2MILLION LOAN DUE payable to QBL = $5.2 MILLION

    TOTAL CASH RESERVES = $5.2 MILLION

    DEBT = NIL

    The markets are bizzare to say the least !
 
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