certainly havent been able to avoid knowing that there is an 'issue' today.
But not for me, today.
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certainly havent been able to avoid knowing that there is an 'issue' today.
But not for me, today.
$4 million raised with demand twice the level of the minimum of $3 mill, will give them $6.5 mill plus zero debt to expand
They’re forecasting sales only around $2 million based on the current rollout, I don’t see this stock as a pump up as their products are just over the counter items and yes the branding is clean but it certainly won’t do the 42 exit.
42 had a sweet spot in the market that the majors hadn’t tapped where this is a rugby player earning a fee and I’m sure they will seek good press to support the brand where possible.
I purchased just under .13c as a medium term hold maybe 20c over the coming two years gives 25% PA bit let’s all wait and see if they manage to pick up more distribution channels to boost revenue
Worth putting say $10,000 into I thought ....should be worth over $100,000 in a year or so.
Ecoya started of selling a few candles ....got some cash and acquired a back yard outfit in Trilogy ....and sold out for hundreds of millions.
Got to be early ...you never know
Off course punters will decry MEE for years ...makes life interesting
Be an interesting stock that would go either way depending if the market sees upside in that space.
I’ve chucked a few bucks as their branding and past history stacks up.
I made good money with FTB a few years back - didnt have the nerve for ecoya or moa though... I do tend to be wary of All Black endorsements (like Weet Bix...)
With the current S P @ .095 same as the SPP life will be interesting leading up to the SPP close, whose taking up the SPP ?
I will pass on it now there’s no value when they’re trading at the same level and given the rights issue not long after listing they might drop further