HGV 0.00% 4.0¢ hygrovest limited

Every media outlet in the country has run a story today. I...

  1. 360 Posts.
    Every media outlet in the country has run a story today.
    I thought the interview with Ross Greenwood 2GB and the Phytotech MD Boaz Wachtel ? was excellent and posters should try and listen to that through the 2GB website and podcast.
    Boaz has been involved with cannabis business for 20+ years and has been building a strong team around himself.
    He highlighted that we aren't just dealing with a medical device company and their future is certainly not relying on Australian legislators to change any attitudes. There was also suggestion of grower co-operatives being set up in USA and South America.
    I can't see sellers getting on top of this easily provided most of the buying yesterday went to professionals. The volume was nearly 50% of free float .... so probably day trader activity and double counting as well.
 
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