Hey Wolf. I don't see anything here as being fishy. And i too have a very sensitive antena.
IMO, it is the ASX cannabis sector that is the problem.
It is certifiably start raving mad.
Fair dinkum mate - if i had not taken a break from it, i was going to shoot myself in the head.
That is how lunatic it can send a perfectly rational thinking mind.
Look at the relative market caps.
Look at the sheer naivity / clueless ingnorance about the cannabis market of most investors in this sector.
Look at the desperate market hopes that are placed in USA happenings. ie - 3 solar systems removed from anything to do with any local producer.
Look at all the delusions of becoming multi-facetted pharmacutical drug development companies. Overtaking BigPharma.
Look at the background, the experience, the temperments and the total lack of a clue about cannabis and it's consumers by the blokes that have destroyed the ASX cannabis sector.
Look at the "new cannabis hype" >> that psycadelics are going to reap billions - or even 3 dollars clear - in my lifetime. ( but maybe not in most of yours)
Crackersville.
But imo, ECS is the 1 single sane exception - as a place to put my money in, that is.
And truly - i do not believe anything about ECS is bent.
Yeah... the rich get richer easier. It's a bitch, but unfortunatly we cant shoot them all.
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Price($) | Vol. | No. |
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