ZLD 5.71% 66.0¢ zelira therapeutics limited

Ann: Opioid reduction clinical trial with St Vincent's Hospital, page-38

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  1. 1,376 Posts.
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    That's right, was probably me. Been really busy recently.


    Too early I thought the bounce we had in august would continue and be stronger but it did help define the bottom levels for most can stocks.


    The wave critical moment I'm looking to get is now probably based on a Vienna announcement, if recommendation is made to deregulate CBD, the next wave is there.


    If not, we need something the market is not pricing in yet. Probably an announcement from a government, either Australian or US.


    The problem is that now the bounce is not perfect, so the bear market could extend to next year for cannabis stocks.


    Regarding ZLD the bottom is in IMO, a fund probably has unwinded its position with the lack of expected news in the next 6 month.







    Last edited by SorryNotOZ: 04/12/18
 
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