I would think that the trading halt should be lifted today on CPH, as our merging partner Red Light Holland announced the news last night.
So much to digest this morning. So many new elements to consider. The massive cash balance. The new European and US revenue streams.
No doubt HighBrid Lab is positioned as a global cannabis and psychedelics powerhouse, but the main question on my mind - is this truly the end of CPH, and how will things look in Q3 this year, once CPH ceases trading on the ASX and HighBrid Lab goes live on the CSE?
I'm going to enquire with my broker Commsec to see what will happen to my shares, recommend others do the same.
Next Investors are probably frantically seeking answers themselves, with an informed newsletter on this breaking news to be released today no doubt. This should contain more information to help us better understand.
Exciting times ahead, that's for sure.
CPH Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held