No chance they will give that up, as if Bauxite does not fire up, MCL provides a valuable asset and future income, and hopefully dividend. I am thinking that there will X number of shares in the IPO, and QBL, (it's shareholders), get 55% of X. So there will be 45% of X available for investors, many of which would be existing QBL shareholders.
That is all assuming there is a float, as the decision does not appear to be made as yet.
QBL Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
