PAL 0.00% 29.5¢ palla pharma limited

Who cares about the share price if they continue to pick up...

  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.