The LT people here will know I've always been very supportive of...

The LT people here will know I've always been very supportive of QBL and have been a holder for nearly 2 years (buy-in at 1.85c).

To be honest, after the 6 weeks trading halt, I'm a little underwhelmed with the announcement - and really don't like the dilution to 3 billion shares. This means, any significant gain in the company, any positive operational steps taken are now watered down by almost double the number of shares outstanding. Over 1 billion shares outstanding I thought to be a bit high, but to me 3 billion makes me uncomfortable.

Every time the company issues more shares to acquire something, our own holdings get diluted - and we ultimately pay for this with lower potential SP. Why doesn't the company just focus on making headway within the business, rather than 'buying growth'.

I don't know what I was expecting with this ANN, but after seeing it yesterday left me in a state of flux. Whilst I've historically been very positive about the company, this latest ANN has introduced some worry into my thoughts...

Whilst I haven't sold a single QBL share yet, and thinking about the company LT I believe they are on the right path, the 3 bil dilution is disappointing.

*Note: I also noticed on some FB posts that QBL are posting their management is disappointed with today's performance. If I'm truly honest, I think the 3 bil dilution has a big role to play in people's lower than wanted reaction. The company can't just keep issuing new shares left, right and center....