I still think we are well placed here. We are on the ASX Watchlist, so this is the smart play from the BOD. I dare say the announcement will have everything we are looking for now, and the company can't afford any leaks to get out which leads to insider knowledge and increased buying into the stock.
My speculation on the reasoning for this trading halt and then announcement:
- Harvest total poundage of biomass will be announced
- Average CBD% will be announced
- More details of DL offtake will be announced (schedule / timeline + poundage)
- Further off-take may be announced and details of what the company intends to do with remaining biomass
- Shep Bros JV poundage and CBD% details will be announced
- Sales agreement of JV may be announced
- Announcement in regards to Australian crop will be announced
Further business plan and announcement of 2020 crop will come later.
Ann: Suspension from Official Quotation, page-15
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.439M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 135127 | 1 |
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| Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
| OLY (ASX) Chart |
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