CPH 0.00% 0.9¢ creso pharma limited

Ann: Becoming a substantial holder, page-16

  1. 371 Posts.
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    Thank you for your support beefarmer.

    But I truly believe the cannabis stocks are overvalued. If you look at the charts of 1 year view you can see that they only went up around Feb/March. This suddenly increase of price is not sustainable. None of these companies are making any revenues hence the PE and instrinsic value of the stock are NA. So I personally think it is not a good idea to enter at this price. 0.35 seems fair to me. Whatever goes up must come down.
 
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Currently unlisted public company.

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