Some will have factored in Panax and some will wait until it's in the bag. I've factored it in, as well as a lot of other variables that I'm happy to assume will come good. If they don't, they don't, but I think my 5c shares will be worth more before I'm ever forced to sell them, but some will want or need to be more precise and some will be forced to sell for whatever reason.
This is essentially a disruptive spec but is being actively supported by government and will probably attract a generous market because it's interesting, unique and about 1/3 of Aussies have smoked it. 1 million have done in the last year. Any rise in the SP from the current market will depend on sales and milestones, sure, but the market is going to grow quickly and probably relatively large because it appeals to so many.
Await the day it becomes bbq conversation:
"Yeah, so we bought some pot shares so now we're technically, like, pot dealers. Cool, eh?"
"Wow, that's wild! I want some too. Can't wait to tell the guys at work."
"Yeah, totally."
and so on..
MXC Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
