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.
Very quiet here considering the referendum now looks unlikely to pass with preliminary votes showing "Yes" is 167k votes behind. Still a chance on specials but got to be an outside chance.
Very quiet here considering the referendum now looks unlikely to pass with preliminary votes showing "Yes" is 167k votes behind. Still a chance on specials but got to be an outside chance.
Share price down 15%.
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
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
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.
merger sounds good in theory, economies of scale, grower boffins sharing ideas, etc etc, but at least in the short term it adds further risk and its difficult for shareholders to gauge the value of the acquisition.
The referendum shouldn't have any bearing on a medical cannabis company, should it? But I guess it shows you the public perception of this company/industry.
The referendum shouldn't have any bearing on a medical cannabis company, should it? But I guess it shows you the public perception of this company/industry.
Of course it does.
No way to justify the crazy valuations and snakeoil rampant in this sector based just on limited medical cannabis sales.
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.
Originally Posted by Sideshow Bob
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