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drifta

6,600 Posts.

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13/07/20

16:55

Post #: 45832063
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Originally posted by prometheus13: ↑

With respect Neil, I struggle to understand why or how you can be querying the negative sentiment on CGB given where the company stands at the moment.

Fair enough that you believe some of the deals announced in the past 2.5 years may add value to the company and you're willing to present your research to holders. But a significant amount of research has been presented by @Basileus and others demonstrating the current BoD'S historical performance and related party arrangements (across both QBL/CGB), continued dilution, the fact annual expenditures far outweigh revenue and the BoD providing unsecured loans to related parties etc etc.

Again, with respect, I imagine sentiment is where it is because over 10+ years shareholders have received no return on investment, no long-term growth and seen their holdings diluted to no end.

@drifta is right in saying that some holders probably did very well, but the volatility of the stock and the fact it's highs usually lasted a week or 2 at best make it more suited to traders, not long-term investors who want to see steady growth over a number of years.

I would not like to imagine what the value of a parcel of QBL stock bought in 2010 is worth now assuming no trades in between.

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With all due respect @prom,
i doubt there would be anyone in the....
"long term investors who want to see steady growth over a number of years"..
as you put it, who would punt on QBL, CGB or any other penny stock with the view of a long term steady growth stock lol ..
These are all pure punts imo.. nothing more nothing less..hence noone to blame but themselves and their greed for not selling..
drifta..

CGB Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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