EXL 0.00% 0.4¢ elixinol wellness limited

Good days for EXL, page-84

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    I still have a bit of potential profit on this SPP. Clearly, if it drops under 17c, it's a problem. However, I think the risk is now lower knowing that there is enough cash for Elixinol to survive for over 2 years if they still lose cash atthis rate (and not doing something completely stupid). I t hink 6 months is a long time and 9 montsh is even longer. So, some suckers will come along and pump the stock up. So, 17c is not a bad point to hold knowing that even Oliver sunk $30k into this SPP. I am sure many would be happy with 50% pop from 17c. That's about 25.5c and some suckers will take us there by the look of it. For now, 17c might hold.
 
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