Common sense tells me that it’s highly likely due to the company being one of the biggest on the asx, the fact that multiple media outlets reported on it. The fact they already have the capital and yeah it’s $100 million. Also QBL at this stage won’t cap raise at 8c.. who’d do that when the sp is 3.9c.. but holders can keep on believing.
QBL Price at posting:
3.9¢ Sentiment: None Disclosure: Not Held