Oh Terrible Tadpole,you appear to be very sour towards BL, and I think you are letting your emotions cloud your judgement towards the merits of the asset NTI might have.
Regarding :
1) Did you get an email from BL, if so you would have done seriously well as he got involved around 2c.
2)This capital raising appears to have been done by one specialist fund manager (Merchant- whom have a remarkable track record-- go to their web site and look at the performance of their opportunities fund- so no sophisticated investors or "friends". With underwriting the options the funds average will be 5.7 to 5.8, some 20% discount --- but they are committing to $3.56m-- a great deal for us i think.
3) I doubt very much whether this fund is interested in the marginal return you are referring to, but your comments may lead to a few small retail investors to sell out- well done leaving the weak going to the strong.
The net outcome:
1)Retail investors have been the biggest sellers over the last 3 months as Pershings have been a net buyer of around 15m and cosmic the largest seller. so maybe professional buyers have been seeing the value !!!!
2) exactly the opposite Retail investors have been left with tidy proportion of the professional buying.
3) Look at the graph if any retail investors did follow BL, when he got involved and you started bagging him they are up a sh.t load.
Invest in this company:
1) If you can have an understanding of the potential
2)What makes you think BL had anything to do with the last capital raising??
In my view its a screaming buy and just cheap and please argue about the asset don't let the individual be your only reason.
PS Not that I'm a huge fan of BL, I just love the Medical Cannabis potential and specifically the strains Dolce has.
My thoughts only and not advise.
GLTAH
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