Disaster?, page-21

Found a good little article today that will explain to people why the share price has reacted in the way it has ;

A shareholder vote to gain final approval for the plan is pencilled in for May 15. Assuming shareholders green light to the board's new direction, the initial public offer to raise $15 million at 20¢ a share is scheduled to close a few days later.

http://www.smh.com.au/business/mark...-cannabis-to-list-on-asx-20150308-13y62e.html

So, basically. as I said in my prior post, the acquisition hasn't  happened yet. The share price drop is most likely to do with that. People where expecting them to announce that they have acquired the company in question. Instead, we were given;

CAPITAL MINING TO ACQUIRE STAKE IN REVENUE PRODUCING CANADIAN LICENSED  MEDICAL MARIJUANA COMPANY


IT HASN'T HAPPENED YET PEOPLE!!!

We won't see a movement at all until around May at this point. SO people who have bought in at 1.2, don't sell. Do yourself a favor and keep that paper loss. Looking at red sucks, give it time and you'll be looking at green.
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