General discussion, page-6471

Yeah those statements are accurate, what doesnt make sense to you? I have a comsec account which I hold long term investments in. I have an invast account that I trade with. Holdings in the comsec account havent been touched. Not sure what you dont understand? Again you can come to whatever conclusion you want but your ignorance doesnt change reality.

Its not about revenue, this statement is just wrong on so many levels, I guess business arent in the business of making money then.

ECS doing outdoor cultivation is what makes it a disruptor imo, talking about cultivating at 10 times less than indoor grows, Australia climate perfect for this, and the indoor grows like CAN and LGP dont really make sense a high labour and energy costs in Australia, better to cut out the energy. If you look at the Canadian market as a blue print, its extracted branded CBD products that are bringing in the most profit margin, and this is the path ECS is going down, got extraction equipment on route from Canada, producing raw flower at fractions of the cost, and already has offtake deals with Europe for theproduct. They have cash at bank, harvests completed , and only valued at 30 mill. Even them just being valued on par with their peers (LGP and CAN) would be an over triple in the price they are at now, and still only valued at 90 mill. I think good chance it happens within the year.