Neil1959 was there no consideration for the possibility that ..as with many companies ..in the initial excitement of legislation etc the shares in QBL may have been technically “overbought” given its lack of credentials and the novelty of the market?
Few shares just continue to go up although Poseidon did it for a while in 1969 and 70 https://www.google.com.au/search?client=safari&hl=en-au&q=poseidon boom 1970 chart&spell=1&sa=X&ved=0ahUKEwiN97LDsYbYAhVJFZQKHdBUAWEQBQggKAA&biw=1112&bih=727#imgrc=4z2G-NGU7E5ZHM: - from close to zero to $250 a share in five months.. then it fell
If he expected higher than current year best of 9.5c or whatever, did he you any idea of what he estimated as fair market cap/ value for the company?
Or of timelines ....such as growing season, first crop expectation? sales force, production capabilities etc etc?
Cheers
