1. No it isn't trivial that it dropped 20%, this is a spec stock and short term anything can happen. If you don't like how that works then go put your money into Blue chip.
Neil showed graphs to explain the stock had been shorted. A question though, you bought in after that 20% drop. Why did you do that if it was so bad?
2. Managements guess of 8c was very fair but as explained by Neil and show by graphs, QBLs shareprice was being shorted and manipulated. If mangment held that 8c figure and the market had continue to be shorted then they risk none of the deals being allowed to happen by the ASX this the new lower price was choosen. Not ideal but management adapted to the situation they were in.
I've played your game, I have answered questions that were covered extensively by Neil and in responses by managment again and again.
Are you ready to stop flogging that dead horse with the rest of your cheer squad?
QBL Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held