Hi nzdude - the comparison with NEN is a somewhat misleading....

Hi nzdude - the comparison with NEN is a somewhat misleading. The only valid comparison is that NEN and QBL are micro cap stocks. However, that is where any instructive comparison ends.

I could be wrong but they both operate in very different areas and the structure of both companies (market cap and cash at bank etc.) is very different.

NEN Profile
"Neon Energy Limited is an oil and gas exploration company. The Company owns oil and gas interests in Southeast Asia and California. Neon owns the producing North San Ardo oil field, and has built a portfolio of exploration and appraisal assets within the Salinas and San Joaquin Basins as well as owns interests in Vietnam."

Source: http://www.bloomberg.com/quote/NEN:AU

The difference between the two companies ought to be very plain and clear.