CPH 0.00% 0.9¢ creso pharma limited

Just a few observations but no new information. You did buy in...

  1. 837 Posts.
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    Just a few observations but no new information. You did buy in at a high SP straight after an Ann. There have only been 4 days when the SP was $1.24 or higher. You will likely be in the black at some stage in the medium term, but it could be a patient exercise for you compared to the average SH who likely has a buy price under 90c.
    No one could guess as to how long this might take.

    All pot stocks are a bit stagnant with price movements recently.

    Pot stocks tend to slip back gradually if there is a long delay between positive Anns.

    Pot stocks do not react nearly as much in price now as they did in the latter part of 2017 to every Ann. and with large percentage moves.

    Dilution of shares will almost always occur in several ways. A capital raise is the most common, but payments in shares instead of cash is always bound to occur, for a whole heap of reasons. Other companies do the same.

    Management might have said things that could be seen as very positive, but never did mention the future SP. That would be a big no no!
 
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