EXL 20.0% 0.4¢ elixinol wellness limited

Ann: H1 FY2020 Appendix 4D Preliminary Interim Report, page-50

  1. 1,238 Posts.
    lightbulb Created with Sketch. 168
    They would hope the early access scheme via PharmaCann to happen with an order of their CBD products to enter Australia by the end of this year. They would hope the increase in sales in the UK and Europe will slow down the cash burn so cap raise can be delayed. They would hope HempFood will not lose money due to increased sales here. My order of a few food items would not change anything though. If shareholders start buying from HempFood, it might help. They have significant inventory as they farmed a lot and extracted the CBD oil in the US last year. So, there won't be the cost of production or buying cannabis biomass for another year.

    PB was watching his 25 years of effort in cannabis destroyed. When he got out of the company, he still had a lot of shares at 54c. I think he realised the company was going bankrupt so he had to come back in and removed the board and set up a new one. So, he was trying to save the company and himself. So in a way, anyone who holds EXL shares is hoping PB and his new troops will save the company. It's the only hope.

    My hope is just 4c up. I am happy with that much. That's not too much to ask I want to get out and keep a little and wait 10 years to see if it can recover. If it disappears, it's just a little.

 
watchlist Created with Sketch. Add EXL (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $5.204M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $20 5.118K

Buyers (Bids)

No. Vol. Price($)
48 20804145 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 6611473 7
View Market Depth
Last trade - 12.05pm 16/05/2024 (20 minute delay) ?
Last
0.5¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
0.4¢ 0.5¢ 0.4¢ 250800
Last updated 10.21am 16/05/2024 ?
EXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.