CBD - Cannasouth Ltd

[Joshuatree]

Correction - 42 Below was actually sold to Bacardi & anyone who invested in the company and not sold out earlier made money.

I think you may be referring to Snakk, SeaDragon, CERE, Plus SMS ?

You can't deny me and many other investors our experience, we were screwed by the directors and owners who issued many millions of shares to them selves for next to nothing and sold us out, fact.

[Balance]

You can't deny me and many other investors our experience, we were screwed by the directors and owners who issued many millions of shares to them selves for next to nothing and sold us out, fact.

Not trying to deny anyone any experience - just trying to figure out how anyone could have lost money on 42 Below when the company was taken over at an ATH price?

Granted, the founding directors made squillions as they paid almost nothing for their shares.

[silu]

Out of interest and not trying to mock but does anyone have a list of the worst IPOs? CBD has lost nearly 50% of its IPO price in next to no time.

[whatsup]

Out of interest and not trying to mock but does anyone have a list of the worst IPOs? CBD has lost nearly 50% of its IPO price in next to no time.

and it aint over yet, try .08 shortly.

[Balance]

Here's how it looks for the cannabis-induced shareholders who paid 50c :

- they will need CBD's sp to go up 52% to breakeven,

- but those allocated shares at 6.7c are still sitting on 393% gain.

Not too hard to figure out where this sp is heading towards!

Sp now 28 cents and heading towards 7c in a big hurry as it's clear that those who got their shares at 25c are bailing out while they can.

So question is when those who got their shares at 6.7c join in the selling before it's too late for them!

At 28c, the cannabis-induced 50c IPO punters have lost 44% and now needs the sp to rise 79% to break even,

What they are up against is that those who got their shares at 6.7c are still sitting on 318% profit.

Very clear where the sp is heading - and it's not back to 50c!!~!!!

[Lola]

sp now 28 cents and heading towards 7c in a big hurry as it's clear that those who got their shares at 25c are bailing out while they can.

So question is when those who got their shares at 6.7c join in the selling before it's too late for them!

At 28c, the cannabis-induced 50c ipo punters have lost 44% and now needs the sp to rise 79% to break even,

what they are up against is that those who got their shares at 6.7c are still sitting on 318% profit.

Very clear where the sp is heading - and it's not back to 50c!!~!!!

this is a disgrace and goes to show once again that the people in the nzx are incompetant to the point of being dangerous. Thi damn thing should be delisted before more harm is done and a full enquiry by outside (impartial) ib experienced people launched.

[traineeinvestor]

this is a disgrace and goes to show once again that the people in the nzx are incompetant to the point of being dangerous. Thi damn thing should be delisted before more harm is done and a full enquiry by outside (impartial) ib experienced people launched.

I'm sure they could give the share price a wee boost by offering a generous shareholder discount on the company's products.

[SilverBack]

I'm sure they could give the share price a wee boost by offering a generous shareholder discount on the company's products.

What products? They have no products. That is the point. They only have operating expenses, admin expenses, and management.

[traineeinvestor]

What products? They have no products. That is the point. They only have operating expenses, admin expenses, and management.

Exactly - I can only assume that most people buying the shares haven't read the listing documents at all.

[Baa_Baa]

What products? They have no products. That is the point. They only have operating expenses, admin expenses, and management.

Lol, true but they also have heaps of pot, lots of exotic varieties sourced worldwide. Might be a side business there with a few plastic bags and a roll of tin foil?