Equally there are just as many holders who are content to hold yet clearly have no faith in the companies past or present management or ability to generate revenue. This is completely fine too but it also indicates that QBL is a short term trade for these holders. A red flag to their intention. These holders are relying on QBL to open strongly..Take a profit & for the sp to retreat..They will look for a re-entry point so they can repeat the process. If the sp holds they potentially move on..If not it's reload often. This is not a new tactic & I am not dismissing anyone who employs this tactic with QBL...However! People with is clearly flagged tactic will always draw scrutiny when it comes to their honest assessment of a company. It is very hard for people who adopt this as their approach to post anything that would jeopardize their short term objective with the share. They need to attack the company..They need to foster insecurities & they need the pump & dump fear amongst holders to support their chosen method of making money on the market. I'm certainly not saying QBL will not be subjected to further pump & dump tactics but don't be suprised when other posters fail to acknowledge one's technical assessment of a company.
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint