Thinking of investing In QBL?, page-18

First 18 Last

Share
Profile

Follow
Tomasp

1,311 Posts.

283

16/11/18

13:19

Post #: 36532634
Share

Originally posted by BPacker: ↑

As you said, don’t forget to check the chart. Up 400% from the 1c area early November, but also down around 150% from its highs of 11c this year, which is a very large drop.
In terms of everything else you said I agree with a lot of it. CGL has some pretty large prospects for the future and could be a powerhouse in years to come. The thing is it’s certainly not a sure thing, especially with the current management team and massive suspension periods and pending court case outcomes. Holders sometimes talk this stock up like it’s the best thing since sliced bread, and if you do a little bit of digging into QBL as a company you’ll possibly form a very different opinion.
If it wasn’t for the federal court case, and taking up shareholders money in the CR before announcing the problems with the federal court and extending the suspension much longer I would probably have a bit of a different opinion on QBL. The sooner they get back to trading the better because this suspension is doing no good to the image of the company, which is already tarnished by their history.
I do wish all holders the best and will continue to hold an interest in this company going forward, good luck to all.

Expand

I never realized a stock can show a 150% decline? Are they now paying us money to own the stock? Just curious, whats your math behind the 150%???

Correct me if I'm wrong... but my math shows me a stock can only ever possibly fall by 100%?

QBL Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

There are more pages in this discussion • 46 more messages in this thread...

First 18 Last

Add CGB (ASX) to my watchlist

Thinking of investing In QBL?, page-18

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Featured News