HGV 2.33% 4.2¢ hygrovest limited

vahervey bay the pills are a way of generating short-term...

  1. 629 Posts.
    lightbulb Created with Sketch. 1
    vahervey bay the pills are a way of generating short-term revenue imo and are there to satisfy a cashflow demand from investors. Yes they are expensive, yes they seem to be aimed at wholesale clients due to this and yes they are advertised as a nutritional supplement on a supplement store rather than a medication which is seeming to really confuse people.

    But I think all of this is part of sustaining development to put the long-term plan into play. The pill infrastructure develops a logistical supply line, a client list, a platform of which to test marketing strategies and test the creativity of mmj management to bring products to market legally while dealing with a very volatile legal industry framework. It demonstrates they can research, develop, engineer and produce a pill and then sell it.

    Yes things like payment facilities need to be refined but Duncan gets approved and all ducks fall in line, farm to pharma becomes a true reality and apply this infrastructure to it and we're in business.

    And all this since listing in January. Its coming along nicely.
 
watchlist Created with Sketch. Add HGV (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
-0.001(2.33%)
Mkt cap ! $8.833M
Open High Low Value Volume
4.2¢ 4.2¢ 4.2¢ $3.649K 86.88K

Buyers (Bids)

No. Vol. Price($)
1 261723 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 15500 1
View Market Depth
Last trade - 12.33pm 31/07/2024 (20 minute delay) ?
HGV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.