The market is supposed to look ahead and it is up to the board and management to offer forward plans and guidance, IMO; otherwise the market interprets the lack of a forward plan as a lack of management confidence in itself. All we know from management at the moment is that there is a plan to grow 100 acres of hemp in Aus next season, licensing permitting.
The Green Fund has given next year's crop at 1500 acres and the following year to be 4500 acres with revenues and profit forecasts.
Obviously Mr Market wants the company to confirm this rather than hiding behind the coat tails a hired broker/analyst .
The market is supposed to look ahead and it is up to the board...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.439M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 39936 | 2 |
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| Last trade - 11.30am 03/10/2024 (20 minute delay) ? |
| OLY (ASX) Chart |
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