why wait for the audited figures when you can just go back to their past published reports and see for yourself where the flow of funds are diverted to. a simple calculation (and some common sense) will reveal who are the major beneficiaries of "cash now".... whilst promising and painting you the world in 2100 (this is going to the MOOOOOOOOOON!!!)
William Lay specialises in M&A (my take is he got roped in to create "market hype" as you bulls would call it).. just look at his record in CPH/ME1 with his acquisitions... most of these acquisitions are now non-operational and looking to divest.. BUT, *drum rolls*..... all those financial engineering that has gone through the capital raises for these... netted the beneficiaries with some healthy fees and free oppies to trade (which triggered ASX's flag of market rigging.. its all in the news! you must be living under a rock if you dont see what i'm getting to)..
I'm all for legalisation of cannabis.. but in every successful company lies a competent and purpose driven individuals (management) for the interest of the company.,.. in the case of CPH/ME1....
Competence? - yea... nah...
Purpose..? you tell me...
why wait for the audited figures when you can just go back to...
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Mkt cap ! $2.14M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $9.591K | 3.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 107 | 123448145 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16181933 | 22 |
View Market Depth
| Last trade - 11.46am 13/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 4893333 | ||
| Last updated 11.33am 13/05/2024 ? | |||||
| ME1 (ASX) Chart |