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Still get a feeling we will be golden, Stillcanna have a big share of the distribution. Bit concerned with the silence, reckon Dragon Fly are salty with Sativas share.
Well wasn’t expecting that! Think we may well have to write off our investments. As a company their lack of information to investors leaves a lot to be desired!
What is indeed going on?! This does not sound good... But from what I can gather the take over is going through. Anyone heard anything?
Ok, think we need an annoucement from the company. What the bloody hell is going on???
This could be a problem
https://www.prnewswire.co.uk/news-releases/dragonfly-biosciences-terminates-venture-agreement-with-borganic-inc-stillcanna-inc-830353171.html
Hi
Think everyone is either selling or waiting for the takeover
Share price looked like it was picking up but no has struggled. What are peoples thoughts?
One dollar would be dream world!!
Agreed! I got in just before the tories legalised medical pot so thought I was onto a gold mine, should have got out, but instead sadly watched it go down :(. However this is still a very new market in Europe. Stillcanna are not currently trading (since April), I think with this aqusition they will come back in allot higher. Hopefully back up to where they first came onto the market 1 dollar :)
I've too much in here just to right them off I'm afraid. I have contacted the company for clarification on why they think this is a good deal for us... Yet to receive a reply. Like I keep saying, it can't get any worse in terms of a lack of movement, however I only wish they had a better deal on the table for us. Still not clear on why a company with less prospects than ours are buying us out and not the other way round. If we we're buying them out and they were receiving a third of our shares I would be a lot happier!
Good point, i have written these shares off so,, nothing to loose by voting a yes to the deal.
CBD looking at around a 400% growth rate in Europe in the next 4 years. StillCanna has the largest one of the largest factories in Romania a good area to get into seem like an ethical company providing jobs for the town the factory is in. I think we could be onto a winnerish :) cut price now for future gains
https://rbj.ucoz.net/publ/companies/stillcanna_romania_will_become_a_major_cbd_producer_in_europe/4-1-0-46
Do you not think it would be bad news if the deal didn’t go through now. Think together it should improve our investment.
THe value of my holding in Sativa has halved. Now i am being asked to ,vote for something which will dilute my holding by a further 2/3 s. So in total my investment has lost a lot. Why would i vote to lose even nore?? Can someone please explain ;-)
I wouldnt be suprised if a lot of people investedback in jan 19 off the back of the greenhouse license news and are down since then. Wouldnt make sence to accept the bankers offer
Not sure Guitars. On the one hand I would like to think they know what they are doing. The share price has struggled for a long time now, so something needs to change. That said I don't feel like we are getting a good deal, three of our shares for every one of theirs? We will basically have a third of our current holding in a share that is not very much more valuable than ours? Who knows?!
Ok folks, looks like the vote is happening on the 13th of sep an share holders can vote bia proxy by emailing ANNE.TEW@SATIVAGROUP.CO.UK
What we saying then? Shall we go through with it? With regulation to force many dodge manufactures to shut down, sativa could be in a good position to capitalise? Thaoughts on the tKe over folks?