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  1. #251
    Speedy Az winner69's Avatar
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    Quote Originally Posted by trader_jackson View Post
    So all the rumours were true

    Priced like a cannabis outfit ...10 bucks here we come
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #252
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    So all the rumours were true

    Priced like a cannabis outfit ...10 bucks here we come
    Hmm - given that even the margins for the illegal stuff are dropping due to oversupply - why would you think there is lots of money in supplying legal dope?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  3. #253
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    Quote Originally Posted by BlackPeter View Post
    Hmm - given that even the margins for the illegal stuff are dropping due to oversupply - why would you think there is lots of money in supplying legal dope?
    Ask Cannasouth Ltd - they are a $68m company (24% of AFT's market cap) who are purely relying on this sort of stuff (and have $0 revenue and net operating losses)

    I suppose there must be something in it - $68m worth in it if CBD is anything to go by.

  4. #254
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    Quote Originally Posted by winner69 View Post
    So all the rumours were true

    Priced like a cannabis outfit ...10 bucks here we come
    No rumors winner - Hartley mentioned a year and a half ago (perhaps even longer ago) that AFT were interested in this sort of stuff.

    Nobody was listening back then I suppose... wonder if they will sit up and take notice now.

    Agree with your $10 forecast... and this will be within 5 years they say.

  5. #255
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by trader_jackson View Post
    Ask Cannasouth Ltd - they are a $68m company (24% of AFT's market cap) who are purely relying on this sort of stuff (and have $0 revenue and net operating losses)

    I suppose there must be something in it - $68m worth in it if CBD is anything to go by.
    hype can do crazy things to market caps ...
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    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #256
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    They have the experience and understanding to add real value to commericalisation of medicinal cannabis.
    For clarity, nothing I say is advice....

  7. #257
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    Quote Originally Posted by peat View Post
    They have the experience and understanding to add real value to commericalisation of medicinal cannabis.
    ... And the profitability and cashflows (and probably contacts)
    Sure is far from a CBD style cross our fingers and hope it works - yet, still, CBD worth well north of $60m for this

  8. #258
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    https://www.nzx.com/announcements/343669

    Exciting stuff... NPAT for sure this financial year now they say.

  9. #259
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by trader_jackson View Post
    https://www.nzx.com/announcements/343669

    Exciting stuff... NPAT for sure this financial year now they say.
    The problem with one off gains is however, that sadly they are normally only one off ;
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    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #260
    Speedy Az winner69's Avatar
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    Quote Originally Posted by BlackPeter View Post
    The problem with one off gains is however, that sadly they are normally only one off ;
    ...and when the gains are fabricated out of thin air (like AFT ‘independent valuation’ and ‘used in conjunction with its own analysis of fair value’) they often tend to be future ‘impairments’

    Just as well non-cash eh
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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