While QBL is not a stock I follow, creature, I respect your comments.
Your work in a similar stock (Norwood) has been first-rate. The main proponent of that stock had me banned from those posts for having the temerity to suggest that an exposure of over $700,000 (now valued at around $140,000) as 100% of his portfolio was, to put it mildly, a little unbalanced.
QBL followers would be wise to take your thoughts seriously. The conversion of shareholder funds into executive benefits is a characteristic of this end of the market. It has been forever thus.
QBL Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
