I mean its just silly to compare QBL to FMG...
I think more of a comparison was CBS....let me explain...
3 years ago CBS had 6 million and was trading below cash backing
2 years ago QBL had 6 million and was trading below cash backing
today CBS is way above cash backing...cash all gone and is in administration.....
today QBL is way above cash backing ....and now we have another 1 year to make or break.....
This is where the similarities end...QBL is into bauxite...CBS was inot IO...however the resource is not relevent as management of CBS spent everything......QBL has more prudent management....
But you see the similarities far more than with FMG.....og and FMG are into IO as well......so pls not use that as an argument.....
QBL is make or break this coming 1 year.....Good luck with her...she is in good hands with management
QBL Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
