You talking about the quintuple dipper? Haha Im just messing around, dont know the history to be honest.
I remember when Cronos made their IPO, and the salaries given to the top guys was ridiculous, it must be nice to get free money from Australian public, Rodney Cocks and Peter Righetti (both private equity money guys, no experience in the sector), how did they justify taking 600k a year between them? Literally the highest salary for any ASX listed cannabis company, and what experience did they have in the secrot? Zero, sweet F all.
Not only that but for no investment from themselves they have 40 million shares for free, at IPO price valued at $20 million.
I really like the letter from Elizabeth Sarah Jensen, think she is speaking and putting on paper what a lot of holders would be thinking, its quite refreshing to be honest.
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