EXL 11.1% 0.4¢ elixinol wellness limited

Director sell down - 23 million ?, page-13

  1. 1,578 Posts.
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    It’s volatile, it’s dramatic, it is ambiguous, it is everything I don’t want in a well considered portfolio.

    Happy where I am. Pretty sure I’m never buying this.

    I’m an investor, not a trader. I don’t like paying fees and taxes.

    The thing that bothers me most about this is the quality of the assets. Mostly strings of agreements, rather than hard assets. There is little-to-no “there” there.

    This is something I noticed the first time I met PB 20 years ago on the Big Island.

    He thinks “agreements” are assets.

    Last edited by HempCFO: 21/01/20
 
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