i imagine it will end up being very close. either way ardern has said they will change laws to make cannabis more health based approach also monitor the medicinal market to make sure it is working
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Yes, there are an estimated 480k special votes to count and they come mostly from the young, un-enrolled, overseas voters and the prison population. All of which would be more likely to vote yes you would think. "Yes" will need to win about 67.4% of the special votes for the referendum to pass.
when the referendum is a confirmed no, and CBD share price halves sometime within the rest of the year, I'll then be able to say "CBD looks overvalued" from its current position where words can't describe how ridiculously 'high' (if you'd pardon the pun) the share price still is.
Special votes in 2017 swung left by <2% so I can't see it getting near 67.4% unfortunately.
edit: That's how much they swung the total vote, so it would actually be a lot higher. Can't find exact special vote numbers, just how much the final result changed.
Another day, another director dumping
https://www.nzx.com/announcements/362985
Is it too early to say CBD is a ponzi scheme?
Certainly the steam is slowly coming out of the share price. Ex-director selling, but still a significant holder and looks like slowly dribbling shares into the market. Said at the time of his resignation that was going to remain a longterm investor.....
Maybe needs pumping on Sharsies again??
On other matters, their "Ask Us Anything" campaign.
https://www.nzx.com/announcements/363069
please explain why you are getting too high too fast?
http://nzx-prod-s7fsd7f98s.s3-websit...248/347491.pdf
The price of CBD has increased from $0.41, being the market closing price on 27 May 2021 to $0.48, being the price at 12:00 PM on 1 June 2021. This represents a total increase of $0.07, or 17.07%.
...(crickets)