Well there it is, I dare say they wanted to get this out of the way and allow the market to digest a $1 million plus loss on the books of QXR in just half a year, on a company which is currently priced with a market cap of only 8 times that amount. Before giving more news on their plans to spend more money, and maybe try to sweeten everyone up before handing the upturned hat around again.
I'd say news isn't far off now, but watch for that hat being passed by you.
I'm really hoping I've got this one right now, can a company change it's stripes. I hope so. We'll soon know. $1 million plus though, there had better be some really good value to come soon for that.
All the very best as always folks.
TOWB
QXR Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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