Good news finally my friend, long journey to get these 2 licences.
No concern re; escrow from me, some sell, some hold, part of the fun.....for some.
Revenue creeping closer now as you say, Jenbrook puzzle still to cultivate together.
Only ASX Company now growing the green stuff with full suite of licences including 2 manufacturing types. Not sure even if private equity company holds this.
@qqqqqqqqq, Trading Halt 2 days standard, obviously management want to get the news out there, rather obvious tactic isn't it? sustain a pop in price is no good, look at our friends over at AGH, had a steady rise from 20c to $1 & holding there, much preferable to have a chart like that. tougher for traders like yourself to profit from without the dips. btw every stock has profit takers, aren't we all profit takers, or at least hope to be??
@ime003, not sure about this licence costed in, we've been on a declining to flat SP for 18months. If costed in I'd say we'd be little higher than 52 week low 42c. Plenty going in the background, don't worry about that.
@Richyrich, I agree offtake sorted already & as good as locked in. Can't offtake with unlicensed manufacturing facility.
@Hsien84 permits final hurdle for Bundaberg & Southport to move into full $$$ production.
re; SP, I'm sure some investors wanted to see this Southport Facility licensed so whatever the SP movement is come Monday & then on, we just sit by our screens & watch.
PS. this is foo kin great news, celebrate tonight on apple juice since it Dry July.
THC Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
(20min delay)