Seems Zessina is the only actual QBL holder who understands the...

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prometheus13

190 Posts.

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11/08/18

18:52

Post #: 34877841
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Originally posted by Basileus ↑

Well ... yes ... that makes some sense ... perhaps?

However, if you want to run the P&D line and refer to the unrealised 250% gain (you haven’t sold have you) then I think you should try and factor in those who bought in at 10c - I only say it because it would bring some balance to that part of the debate. Surely?

For example - if you purchased 1 million shares at 10c it would have been an “investment” of $100,000 - well that “investment” or speculation is now worth $37,000 - an unrealised loss of $63,000 (excl tax, charges and fees etc.).

And thing is - how do you call them “P&D players”? Whatever you might want to call them - they are not 250% in front! That was the point!

And irrespective - you failed to provide one example where QBL have added value to the value of a share! Do you have some figures to hand? I posted some the other day that showed negative signs against commonly accepted measures of commercial effectiveness. Do have anything to add in this area?

Now - where would you rather be - an unrealised gain or unrealised loss? Another rhetorical question ... I suppose!

What say you to those unfortunate souls who bought at 10c?

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Seems Zessina is the only actual QBL holder who understands the investing game. He invested for the bauxite nearly 10 years ago and he is rightfully angry that it's been delayed, his shareholding diluted no end and now bauxite is basically palmed off in favour of the hot new industry.

But hey, as long as all the new hemp investors are sitting on a gain must mean the company is doing alright huh?

It's little wonder these things keep happening on the ASX when you read the logic of some "investors".

QBL Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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Seems Zessina is the only actual QBL holder who understands the...

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