Currently MM/Hemp are speculative in the Australian market....

Currently MM/Hemp are speculative in the Australian market. Which means valuations could come about on nothing but a whim or whispered speculation.

QBL is part of that, currently it has little to no revenue if you look at the latest quarterly. It's value is derived from potential.

If QBL did 5million revenue in this quarter, (20million annualised) then it could be worth 300million tomorrow. The market would give it growth potential ratios. Currently A2M operates on a 15:1 price per sale ratio. It expects to earn ~900million NZ, which is 800million AUD and is worth 8billion.

But, that revenue is 70% higher than last year, so the market is pricing it to do even more revenue next year... whether or not it meets that target is a different story, we shall see.