A bit of an update on this. Apparently the elderly founder who owned 40% sold 15% plus to 5 billionaire families in Oz like packers etc at a $1.70 few weeks ago. He still owns 25%. Revenue is shooting through the roof is the word. IPO in March next year. With Barry Lambert as a big share holder with global funds and all the billionaire families here in Oz and with expected slight raising only ( apparently they don’t need to raise but for the IPO ) 2 things will happen. Forget about getting even a small allocation unless you are well connected. And 2 it will fly on open from instead lining up. This will be the biggest pot stick on ASX by revenue by assets by cultivation size by licenses by diversification etc. potential Nasdaq listing before June 19 as well. Spa big one to keep our eyes open. Cheers.
