CPH 0.00% 0.9¢ creso pharma limited

expensive land, page-12

  1. 365 Posts.
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    I am not an expert as some people on here obviously are with their chart readings displaying upside down candles with an uptrending freudian twist, so id like to ask a question. If this company has paid 10 million for a half acre of land that only has an application for a licence to grow in the process of maybe being approved and they have paid for it with shares in this company, doesnt that mean that 20 million shares need to be issued , thus diluting the current sp by about one third?. I sold out this morning because i smelled something funny and it wasnt the pungent aroma of high quality pot. Maybe im just an unlearned novice with not enough experience in " shareholder speak" to understand it, but i still say the emperor isnt wearing any clothes.
 
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