Hi Ken, I will have a go at it... it`s hard to say offcourse, but I don`t think either one of your options is correct, with all respect.
QBL owns 55% of MCL and is majority shareholder, further down the road I can see MCL as a listing by themself, not yet though.
The thing is we don`t know how the construction of the deal between QBL and MCL in detail, no part has shared that info, company
secret for various reasons I guess. About what it can bee... I don`t have a clew really, but I have confidence in the management - and don`t forget, they have about 30% of shares in QBL with top 20 shareholders. With this big investment, they have all reasons to do the best for all of us QBL shareholders. Reflections on mine/Kens post ?
QBL Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held