I hate this stock, I have lost over 50% of my initial investment however I do not believe that this is the end.
we have a market cap of 27mil, I would like to see the value of the plant and would argue it would be close to that???
even though it's clear that we are out of cash I can see them pulling something out.
living in QLD the government is supportive of cannabis based companies, they're even allowed to advertise on TV. I don't think anyone wants to see this fall over.
my prediction, they begin to acquire more land or distributors in an effort to go it alone
or
an oversees company sees the value in the plant and we are poised for a takeover
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