Good morning my Aussie buddies.
There aren't any actual LP (Licensed Producers) that trade below a dollar. Most of them are closer to $2.00
From my recollection, the shares of Harvest One were sold at 75 cents.
I would be very surprised if shares didn't at least double in value on the opening day. Emblem (EMC) IPO'd at around $3 and jumped to $4.50 before settling back to earth..
Does anyone have any thoughts on how the ownership of 61% of Harvest One will have on MMJ stock price?
In my mind, there is a tangible, quantifiable asset in Canada that MMJ has controlling interest in... It makes a small amount of cash from Swiss op, but none from Canada. But there is inherent value in the newly formed and capitalized company. Thoughts???
I would imagine that UG will get it's license this year. Then it will start to make cash.. The long Canadian article above posted by Serge would seem to agree w me..
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3 | 327412 | 0.045 |
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Price($) | Vol. | No. |
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0.055 | 129870 | 1 |
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