I think that he has probablybeen reading Trading for Dummies (which is probably not a bad book, i am a fan of the series).
Taking analytical methods for established stocks as screaming 'fundamentals' show's a lack of maturity and perspective. I respect mick for putting in the effort and at least taking an analytical lens on this. However, this is a penny stock, pivoting from its original plan, yet to finish it's first year in it's new focus and has no strong regular income or significant product being consumed.
We are gambling on a listed farm who have yet to complete a fully seasonal cycle. We think it's a good one. We know it's in a 'down' sector and has questionable management acumen.
The share price is indicative of the risk/reward, not the fundaments. Hemp revenue is 0 at the moment as far as anyone can confidently say.
CLI Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
