CPH 0.00% 0.9¢ creso pharma limited

Ann: Reinstatement to Official Quotation, page-43

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,327 Posts.
    lightbulb Created with Sketch. 487
    Expansion requires lot of $$$ for marketing, staff, production etc. I dont think they can cut much from their current operating costs.
    it is good to pay off their debt but they only have around $4m left and cash outflow $3.6M this quarter. Another cr is needed.
    from my opinion, funds are staying away from cannabis stocks hence they couldnt raise decent capital.
    Bargain hunters will buy for a few pips trading but soon the stocks will collapse back down again.
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.