I agree, mattstambe about watching the volatility in the share price.
Actually, of all the Cannabis companies out there, Cronos has the best chance of success, but gosh, they have to churn a lot of sales to make their profits at the moment. Huge expenditure.
IMO, the price rose too quickly over 8 weeks and has to find a settling point, but the Jansen debacle has not helped these guys at all.
I still think CAU's story is one of hope for the rest of the sector, thanks to their parent company in the US. But....my goodness, these boards need to take care of their business internally instead of throwing it out to wolfs in the market. I am invested in one that is a shocker. Shareholders often run for the hills with fear of massive sell-offs.
I encourage and only suggest that people speak with their brokers about this one and put some capital protection mechanisms in place until this mess is sorted out. The state of the economy is also adding undue pressure and setting off nervous button pushing for trading in or out.
Wish shareholders success.
- Forums
- ASX - By Stock
- Bell Potter Ratings
I agree, mattstambe about watching the volatility in the share...
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.43M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.8¢ | $12.55K | 126.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1400 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 71108 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1400 | 0.098 |
2 | 119635 | 0.096 |
4 | 335007 | 0.095 |
3 | 36797 | 0.091 |
5 | 79760 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 71108 | 3 |
0.105 | 189077 | 2 |
0.110 | 290591 | 6 |
0.115 | 114000 | 2 |
0.120 | 305000 | 4 |
Last trade - 15.11pm 04/11/2024 (20 minute delay) ? |
Featured News
VIT (ASX) Chart |