QBL will have a controlling interest in MCL and the lead managers will use QBL S/H's for spread and funds so every QBL shareholder will if they want be a S/H of MCL....there will not be any funds being transfered between MCL and QBl only in the event that QBL sells down their stake in MCL on the IPO otherwise the investment sits as a controlled entity (asset) on QBL's balance sheet.
QBL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held