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H2...when folk stop buying and putting stoplosses in place...when MM's stop manipulating sp...when all sales figures level out giving true picture in 6-12 months.....when shorters have disappeared.....
@buysell
When are you expecting major move in the share price?
not expecting another tr1 personally...
I really think this will do what it has been doing the last 3 months...go up...retrace few pence triggering stoplosses...go up....retrace.. etc etc...
I could as usual be wrong !!!
dyor etc..
Expect another TR1.
Going more and more into sticky hands!
Hi Gallini and Hopeful Dave - so from your post then - Zoetic will make approx. $2.50 profit per pack of Chill smokeables. I've done the fag packet calcs - mind blowing - can see £15 SP in two years easily.
Retail prices for both products will remain in the sub-US$10 range and Zoetic will sell to the distributors at around half of that price. Depending on volumes, the Company expects to earn around a 50% gross margin
Very positive update indeed....and it is reflecting in early trading.....the beauty of this is the fact that going forward there is still so much potential....
Onwards and upwards.
GLA.
From each pack of Chill smokeables, how much profit goes to Zoetic?
Great post kevijoh
Original sales numbers were 2-3 of each product type per day per outlet.
We have CBD Chews and CBD Smokes, so 2-3 of each product type is average of 5-6 products.
Since then (see Twitter hashtag ZOE) the display cases are out there and they hoped they could double those numbers.
They have said sales are exceeding expectations....
Rollout is starting beyond pilot stores...
More distribution deals are coming..
Global Brand Beckons.... Tick Tock!
The market looks forward not backwards. End of.
If it looked backwards then BP/SHELL would be at £50 a share today.
Huge things already happening here and massive potential with so much already in place in the market and selling.
Next results will be sensational and with improved efficiencies.
SP still incredibly cheap for where this is going.
Crunch them numbers at huge margins!
Hi Hopeful Dave - is that 5/6 products per day per outlet??
Global brand in the making. Roll on the launch to 6000 stores which are expected to double.
Everyone already knew the financials from last year would be poor.
You've just had it confirmed again:
Sales are stronger than anticiapted. They anticpated 5-6 products a day, maybe doubling that with the display cases...
They are better than expected.
Crunch higher numbers than 5-6 products a day!