I also thinking the longer they are waiting to do the CR which imo is inevitably coming (unless there is some drastic change in revenue which I dont see why it would be with the increased competition and supply of hemp and hemp products) the longer they are waiting the worse its going to be , look at the price trajectory.
What share price you think we are looking at next quarter? When the company (by their own forecasts) will only have 10 million left for the quarter after (34 million in cash, and forecasted spend this quarter was 24 million). And in order to get people to take up the CR will have to be discounted, what price you think .70 ?
News: EXL Elixinol Global Says Agreed To Sell 50.5% Stake In Elixinol Japan To Takeshi Sakurada, page-13
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| Last trade - 15.58pm 07/06/2024 (20 minute delay) ? |
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