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  1. #51
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    After reading the N Z Herald I see that one of the first actions that this outfit has done is give fish heads a big salary/pay rise even though there is no real business plan with meaningful financial plans available, says it all IMHO !

  2. #52
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    The NZX is sending out emails advertising the IPO. A sure sign that Cannasouth is having trouble filling up the issue. Not one to stag in my opinion.

  3. #53
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    Quote Originally Posted by SilverBack View Post
    The NZX is sending out emails advertising the IPO. A sure sign that Cannasouth is having trouble filling up the issue. Not one to stag in my opinion.
    if listed in aus probably would have been at 20c?
    one step ahead of the herd

  4. #54
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    Quote Originally Posted by whatsup View Post
    Can some one post Brian Gaynors Saturday N Z Herald business column, not too flattering comments me thinks and only for the very very very brave imho !!!

    buyer beware imo.
    the title certainly gives you his views.
    no revenue
    no escrow.
    large profits for original shareholders despite short passage of time (and no obvious i.p though he doesnt actually say that)
    For clarity, nothing I say is advice....

  5. #55
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    Quote Originally Posted by peat View Post
    the title certainly gives you his views.
    no revenue
    no escrow.
    large profits for original shareholders despite short passage of time (and no obvious i.p though he doesnt actually say that)

    No revenue and valued at $50M. Funds to be raised for *research*. Avoid.

    Received an NZX spam in my inbox must be desperate.
    Last edited by Schrodinger; 05-06-2019 at 08:21 AM.

  6. #56
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    Quote Originally Posted by Baa_Baa View Post

    And for that reason, I'm out.
    Sharktank fan?

  7. #57
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    Quote Originally Posted by Schrodinger View Post
    No revenue and valued at $50M. Funds to be raised for *research*. Avoid.
    IMHO this sort of outfit should be declined listing by the NZX , I thought that all of the cowboys were gone from the NZX ( ie Kiwibear et al ) but that does not appear to be the case.

  8. #58
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    Yeah agreed. Some of the most recent tech listings are doing pretty well after slow starts. But pre revenue biotech gives me the heebies.

  9. #59
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    Quote Originally Posted by whatsup View Post
    IMHO this sort of outfit should be declined listing by the NZX , I thought that all of the cowboys were gone from the NZX ( ie Kiwibear et al ) but that does not appear to be the case.
    THe NZX is desperate to get new listings. If they can within their rules and security rules, they will.

  10. #60
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    Cannabis use in U.S. adults over age 65 saw more than a tenfold increase from 2007 to 2017

    https://www.cnbc.com/2019/06/07/mari...treatment.html

    looks the biggest market in the future will be over 65s
    one step ahead of the herd

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