Ann: Creso enters the African continent with cannaQIX products, page-173

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Oscar09

26,863 Posts.

1309

27/12/19

12:01

Post #: 42137686
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Originally posted by Patmeate ↑

Been reading all the threads and researching CPH over the last week. Couldn’t help myself and bought a couple of parcels at 10.5 and 11. Happy to ride it down to 8.5 before I eject if need be, but with such low share liquid with less than 200m in issue it was too juicy not to have a go.

i have been looking and can’t find anything related to specifics around ability to sell/export into Europe from the memo a facility.

concerns right now for me
cash flow, but they did just raise funds so should get at least 4-6 months before they need to go again.
cash burn, although I noticed they have managed to significantly lower management expenses which is a good tick if they can put enough runs on the board.

pros
low number of shares in issue
consistently increasing revenue, With 4 new products to be sold q120 which will only fuel this further
they are already generating income
potential for more income if they can secure EU license.

im well aware it’s a gamble on CPH, but at 10c it’s tough to sit on the sidelines, fingers crossed for me and holders, but I think 10 is the bottom for now.

just my 11.5c

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agree,
a few buyers seeing value here.
more detail on cost reductions would give this a real kick up imo
plenty of news to come.
plenty of cash, low SOI etc some exciting products at various stages

need to be patient around the bottom
will be plenty of churn, dont get bucked off.

CPH Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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