I think there are many factors at play here affecting peoples sentiment. (Which I wont list)... But there is one I will highlight... and I learnt this the hard way (by loosing money).
It is not good enough to have a positive report. If a report has 400 Million Megatonnes of Unobtainium Ore at 95% Purity and people were expecting their to be 800 Million Megatonnes at 99%. The shareprice will go down.
It appears that even though it is a generally positive ann, It doesn't appear to have met the expectations of the shareholder.
An example of this is with THX. One of their recent anns came out. SP dropped form 20c to 15c in a day. And THX were in a TH for 2 days tops. Not 6 weeks.
The day is still young so hopefully QBL holders will see a SP greater than 2.7
QBL Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
