i don't agree - at 6, 8 and 9 c, there was still ample time for CropLogic to secure additional offtakes before harvest. As we reached harvest and have now completed, the lack of additional offtakes in an oversupplied market obviously detracts from the value of CLI. We have a whole heap of hemp and no clear direction of how this will be converted to cash flow. That to me does not sound like strong fundamentals - and this is reflected in the current share price.
Hopefully we get some positive news on the back of this suspension. Otherwise i'll be dumping this stock as it will be obvious insiders were selling in recent weeks IMO..
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Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.5¢ | $10.22K | 227.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36361 | 4.5¢ |
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Price($) | Vol. | No. |
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8.9¢ | 100000 | 1 |
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No. | Vol. | Price($) |
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1 | 36361 | 0.045 |
1 | 30000 | 0.038 |
1 | 72572 | 0.036 |
1 | 2000000 | 0.015 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 100000 | 1 |
0.090 | 29362 | 1 |
0.095 | 25000 | 1 |
0.100 | 250402 | 2 |
0.110 | 9500 | 1 |
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