LGP 1.20% 8.2¢ little green pharma ltd

I’d consider buying around 12-15c now, even then it’s going to...

  1. 2,393 Posts.
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    I’d consider buying around 12-15c now, even then it’s going to be a very long time before there may be any upside due to huge headwinds and risky…

    If it does go belly up the Denmark site would hopefully be of value - but IMO the firesale value wouldn’t be anywhere near what they paid for it (who wants a capital intensive cannabis growing facility in this high inflation/energy/fertiliser environment?).

    Feel for anyone that bought the flashy pump early - look on the bright side though, at least you are sitting on decent capital gains tax losses.

    DYOR IMO
 
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