ZLD 2.53% 77.0¢ zelira therapeutics limited

Ann: December 2019 Quarterly Report, page-15

  1. 227 Posts.
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    Comments like this scare me.. “I'm sure Osagie and co will be very eager to generate significant revenue as quickly as possible”.

    They shouldn’t rely on others to bail them out and revenue isn’t a switch you can just turn on. It costs money (which they don’t have) to make money, and we’re yet to see anything different about what they have, compared to what’s available. My wife already gets medical cannabis in Australia for chronic pain and uses it to sleep sometimes. I’m afraid to say it but I really think Zelda took too long and wasted the money they had.

    DYOR and I still like ZLD, but lost faith for now. Will wait for a drop in price and more clarity on their future before I get back in. Will be looking for a lower re-entry point. The sector seems to be growing with charlatans by the week.
 
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