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30-10-2020, 04:32 PM
#591
Originally Posted by Jaa
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
one step ahead of the herd
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30-10-2020, 04:39 PM
#592
Originally Posted by daveypnz
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.
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30-10-2020, 04:43 PM
#593
Originally Posted by bull....
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.
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30-10-2020, 05:05 PM
#594
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.
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30-10-2020, 05:09 PM
#595
Member
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.
Last edited by daveypnz; 30-10-2020 at 05:12 PM.
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10-11-2020, 05:08 PM
#596
Originally Posted by trader_jackson
Another day, another director dumping
https://www.nzx.com/announcements/362985
Is it too early to say CBD is a ponzi scheme?
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11-11-2020, 02:54 PM
#597
Originally Posted by trader_jackson
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
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11-11-2020, 04:53 PM
#598
Junior Member
Originally Posted by Sideshow Bob
good way to keep shareholders informed, are there many other companies out there doing much in the way of video now that live events aren't happening so much?
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11-11-2020, 06:44 PM
#599
Originally Posted by Sideshow Bob
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
The other in similar game - RUA is not faring much better at just a few cents above IPO Price !
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02-06-2021, 09:47 AM
#600
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)
Last edited by peat; 02-06-2021 at 09:50 AM.
For clarity, nothing I say is advice....
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