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28/11/17
13:56
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Originally posted by $tockfella
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I think people were expecting a sharper rise in sp following recent announcements. They are selling to use their money elsewhere. Cfda is actually expected sometime in the first half of next year. They will reenter then. At a premium obviously. Once GMV becomes the hot stock it deservedly should be, expect a strong sp movement north in anticipation of cfda approval. WHA was a food example. Running from $0.75 to $2.89 within a month as it expected cfda in November this year.
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What this needs is some actual revenue figures not just "we've got this and we've got that". It has already risen 1 bag since listing, so I don't expect a rally until the next QTR report shows market uptake and usage
Last edited by
Eyeman :
28/11/17