The problem is the "long-term"... let's look at the PANAX timeline...
Column 1 Column 2 Column 3 Column 4 Column 5 0 27/04/2016 MXC to Acquire Licensed European Medical Cannabis Company 4
Column 1 Column 2 Column 3 Column 4 Column 5 0 10/05/2016 ASX Approval of Panax Transaction and Capital Raising Update 2
Column 1 Column 2 Column 3 Column 4 Column 5 0 15/06/2016 MXC's First Crops Planted at European CBD Production Farm 3
Panax gets a mention in the 15/06/16 announcement still continuing due diligence and some crops planted (but, did we ever hear about these crops? what happened to them? what was the CBD/THC yield? etc)
Column 1 Column 2 Column 3 Column 4 Column 5 0 15/12/2016 New Panax Acquisition Agreement Signed, Settlement Imminent 4
Oh shit.. still haven't completed due diligence.. let's announce a new agreement signed and settlement within weeks! umm.. 6 weeks have pasted :-(
I sold out as I don't have faith and after digging around to find out more about PANAX the company..
Here you go:
http://rejstrik.penize.cz/ares/02880962-panax-pharma-s-r-o
Incorporated in 2014; seems to have two main people and then I did a street view on the address "Praha - Nové Město, Ve Smečkách 1258/6, PSČ 11000" lovely shot of a shitty looking building that doesn't look like a growth facility to me. I'm also very perplexed why such a small takeover is taking so long to complete due diligence. I've seen billion-dollar takeovers take less time in DD.
Anyway, this is my own research - DYOR. I'm happy with my sellout and i'll now watch from the sidelines to see if I should eat my words
GLTAH!
- Forums
- ASX - By Stock
- RGT
- ASX Today
ASX Today, page-86
-
- There are more pages in this discussion • 318 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $16.94M |
Open | High | Low | Value | Volume |
32.0¢ | 36.5¢ | 32.0¢ | $1.099K | 3.119K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1885 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 79 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1885 | 0.290 |
1 | 2200 | 0.230 |
1 | 20000 | 0.225 |
1 | 4545 | 0.220 |
2 | 6011 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 79 | 1 |
0.400 | 1090 | 3 |
0.420 | 23 | 1 |
0.430 | 28 | 1 |
0.450 | 9051 | 1 |
Last trade - 14.51pm 30/09/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |