AGH 2.22% 4.4¢ althea group holdings limited

License Approved!, page-16

  1. 755 Posts.
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    I know everyone is celebrating this milestone of getting the Peak license.

    So the stock price/ Market Cap had already factored this in and Althea's market cap is well beyond what it should be for the limited accomplishments and revenue it is making currently.

    Also don't forget, we are all about to get diluted as Greg Battersby gets his 5.7M shares (worth about $3.3M) which will now dilute us even further. This is even before he has made single penny for Althea from Peak. Even more that this, our expenditure and cash burn for the next 12 months are going to go through the roof (it will cost upwards of $0.5M per month for the next 12 months to run an extraction facility and it will be > 12 months before we even get our first GMP finished product ready for export to Australia). I can see the cap raise a mile off......https://hotcopper.com.au/data/attachments/2467/2467086-32dc139c61a2ea9b2db38c669e90da14.jpg
 
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