How the mcl deal works, page-9

Only in hindsight. 3.5c then whats the bauxite worth .4c the mcl value still remains the same.

I think the 8c was a good number.
Qbls problem is the pump and dump mentality.
I still believe the pump and dump from cantab announcement scared alot of people. Thinking the mcl deal would be the same people put in orders well below what the wanted on opening. Making it a flop. Plus tax time sell offs amplified the whole thing.

I have a theory on these pump and dumps we see in qbl.

I think qbl is at the end of the second cycle of pump and dumps.

1. huge announcement that pushes the sp up over a period of time.

2. People sell out at price they are happy with. Sp drops to around 2/3 of the peak price.

3.The big pump and dump. Day traders and short term holders swoop in. Next announcement sends price around the last peak instantly. Then a drop newly as quick. Past the 2/3 mark.

4. Ripple effect. Same thing just not as big. And it gets smaller and smaller.

5. Day traders and short term lose interest. I has become to risky.

6.Good news only pushes the sp down.

7. Back to step 1.

Have a look at the 3 year chart. You will see what I mean.

Its only a theory.
If i'm right.
First cycle got us to 3c.
Second got us to 10c.
Third 30c??? Lol