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24/07/21
11:50
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Originally posted by aussieslr:
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I appreciate your positive posts mate. The thing I can't get past is the daily trading. If this is such a dog stock why hasn't it dropped off to nothing. Instead the sp is being held by a bot and millions being traded. It looks like positioning to me but who knows. I had a sell order in yesterday because I'm a bit over it. Instead I pulled it, put 15 people on ignore and looked into international trading through commsec. For me I see more upside potential going forward than selling now at a loss. Also the new company will have an attractive MC compared other Canadian cannabis companies. Canopy Growth A10.5B Aurora Cannabis A1.8B Tilray A6.6B Ayr Wellness A2.25B TerrAscend A2B Hexo A876M Highbrid Lab will have an implied mc of A371M. It will be interesting to see how investors value the combined components of the new company.
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Put it this way - imo, the share price (as a proportion of the new company) won't go any lower over in Nth America ............ it's definitely worth a look. It would be good to have somewhere on HC to share updates after delisting.