PAL 0.00% 29.5¢ palla pharma limited

Ann: Change in substantial holding from TOP, page-8

  1. 151 Posts.
    lightbulb Created with Sketch. 17
    Who cares about the share price if they continue to pick up market share and can produce Narcotic Raw Material at 40% cheaper than their competitors. If all goes to plan, further increases in revenue should see strong profit growth in the next 2 years. Just hoping they don't get taken over by one of the big players. 

    The fact they have a Cannabis license seems pretty much irrelevant, but may be a distraction for some investors looking at the stock.

    The recent drop may be something to do with a recent legal challenge. I can't access the content but you can see the headline here - the company has not made any announcements regarding this but there is a long legal history for this company.
    https://www.lawyerly.com.au/tpi-agrees-to-stop-selling-high-codeine-poppy-seed-for-now/
 
watchlist Created with Sketch. Add PAL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.