EXL 66.7% 0.5¢ elixinol wellness limited

Ann: Suspension from Official Quotation, page-11

  1. 2,333 Posts.
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    Sales revenue is down over 50% - what is good about that?

    And no - don’t blame Covid - that’s been good for medicinal cannabis sales (not that they sell anything even resembling medicinal cannabis) - which can be prescribed via Telehealth channels.

    IMO they will have to start offloading the least profitable assets or this ship is sinking quickly...

    ...Then again, why would someone want a loss making asset unless it was considerably reduced in price, maybe from a fire sale?

    DYOR
 
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