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hasiba, wasnt suggesting there was a hidden agenda from your side. Was simply responding :)
Silver...I no longer hold zoe and sold at lower than current sp .
You can look at zoe post a few years and see my posts and entries there and also my exit sp...
My posts are there and declared.
All there...transparency and no hidden agenda...
GL
Typo...my last post meant to (Bushmaster)
Congrats if you got in at ZOE at the prices you mentioned. However its worth noting they have vastly reduced shares in issue which makes it easier for the SP to rise, and their MCAP is not that high. We had a MCAP above that (albeit for about 2mins) which I think is the problem. Its already valued high.
Don't get me wrong. I'm a holder. I just see the above as being a negative in what is otherwise a company with good prospects.
Bushwater....I was not relating mgc to cbd but pharma related which meant medical.
I was talking about zoe/cbd related in my post....sorry if it wasn’t clear to you..
ATB
H-hi, there is your problem, MGC currently is not a CBD play. Its in the long term business of medical cannabis, with a natural product on the market with the Covid buzz around, good move to generate some cash, and all being equal the repeat orders will pour in - But its not CBD.
Pokerchips don't get me wrong I'm not looking for a quick turn around on these. Was just slightly surprised on the downward drift.
Just because I'm new doesnt mean I'm part of the KNB, wallstreet bets, Gamestop crowd :-p
Pretty keen to hear how the patients are receiving this medication; no more double blinding!
Tarss,
RideEasy is right...
If you are buying here and like what is being planned...you really need to wait until the second half of the year , when any results of what is going on will come through
It actually only takes a small % of the company shares being traded for the share price to move % up or down....the vast majority of shares don't actually trade at all , on any given day
Shares don’t usually go up in a straight line
Bumps along the way as long as the long term graph is looking positive
Please remember there are a lot of people who got in at float lower than x 3 the current SP
Some will be jumping and taking their profit with them
Everyone has a different reason and timeframe
Some might need to get out
Some might be totally unemotional about MGC and it’s a trade and they move on and might dive back in
But generally holding over time pays off
There’s always going to be the sell on news brigade whatever happens...... more orders with higher numbers will propel this forward.
I'm new to the game but when you tune out the "30p by lunchtime!" comments there seems to be a quiet level of confidence which is why I'm slightly surprised at the downward drift.
Beckham’s DB ventures probably didn’t pay a dime
They gave him 5 % to use his name
Win win situation for him
He can sit in for 5 years
I keep buying more to avg down but the price keeps dropping fml, you'd expect with the kind of RNS we've had today there'd at least be a slight increase. No matter, hold for gold.
ATB
It has just not as we probably expected.
Inertia and finely balanced but the scales will tip in our favour when confidence returns. The good thing for me is this company is pushing on and letting investors know, the share price will eventually reflect this.
David Beckham probably bought in at 1p or 2p when it was first put together.......he certainly wont be buying at 24p !! ...
Strangely enough, I sold my 5p shares at CBX this morning and invested here ;-)
Personally I think a few high profile people getting
involved in the sector is a plus, shows interest is gaining!
CBX is full of fools just trying to make a few quid by attempting to ramp the share price... they don't really realise that the IPO was ..in reality...a public placing ...which merely added more shares to what was already there...
It is already priced at x 6 the equity value...even at 14p
Patience is the key, with this one here, the other two are pump and dump stocks, once people have made a few quid and want a serious investment in this sector they will come knocking.
I wonder whether yesterday’s mess of the Beckham share has put people off this sector a little for now?
Maybe we need the backing of a famous footballer?
I’ll email the company and see if they can stick Peter Beardsley’s face on the box. Then we’ll rocket.......maybe
Best to hold off any news until we get a big one. Surely cbd is so versatile so new products should be developed to keep growing.