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Re: small trades
There are platforms which allow commission free trades, minimum trade £2, so no surprise to see these on penny stock like KNB. Will be interested to hear others views on today's RNS....
I must say I thought this would drift lower…also the small trades seem odd as commission costs would distort value alone. I wish there would be some positive company communication!
At the moment it looks like a repeat is on the cards or maybe the Love Hemp situation has spooked a few. Hopefully time and patience will pay off in the med/long term .Bring on some good news :-)
Good read. Hopefully a positive market announcement will be forthcoming…..?
Looking like a good set up for a small run next week. Hoping for 6p by end of Feb.
GLA
Some nice news would be welcomed!
Hi Mariusz, Great stuff, I have been making cannabinoid based products for a few years now also seen what vaping them can do for numerous health condition's, but not heard of anything quite like your story. I will do some research see what i can find.
Totaly agree with you regarding Kanabo, fantastic products and a wide open market.
Company looks bargain taking into account products really work. For 15 years was fighting with skin problems: warts and verrucas moving from one place to the other. Possibly had all treatments available: cryotherapy (freezing), lasers, not mentioning £££ spend on skin creams and visiting multiple GPs experts. All issues gone away with just 2 months of vaping Kanabo product. Over the moon with a results. over 10 verrucas disappeared with no pain. If only NHS knows about it, it will be on prescription. thanks, mariusz
Buys, £20K at 12:33 then an £18K but just now….
Volume healthy too
Gone well so far today…. hoping it will push on to 4.5p by close….
That’s very good reading agreed!
https://polaris.brighterir.com/public/kanabo/news/rns/story/xzjv47w
After reading this again I suspect the products to rocket in sales as we are all feeling the pain and KNB have the solution.
This is why I got involved and truly believe they will come good. Let’s get back on track to 7p. Half way there
Order filling is not likely to cause a 20% slide in the SP. It was down to panic selling where individuals bought in the hope of a pump and dump scenario which may have worked Tuesday morning but subsequently reversed resulting in supply by far exceeding demand. There will be a recovery today I suspect….some interesting posts here relating to strategic partnering. Anything is possible so why not the 7p target that was mentioned yesterday… today might go well!! Happy navigating??
Top up now ???? Devil finger on the buy trigger, ha ha
IMO Looks more like there's order filling in the background and that's why the price was dragged down. Once filled this should head north again but brace yourselves for this to happen again however at higher levels.
News 5th December 2022.
Hellenic Dynamics SA - London-based medicinal cannabis - Starts trading on London Main Market on Monday, following the reverse takeover of Hellenic Dynamics by UK SPAC PLC. The special-purpose acquisition company bought Hellenic Dynamics for £31.2 million, and it raised £1.1 million in fresh funds as part of its relisting. New shares and convertible loan notes were issued at 0.3 pence per share. The stock was last traded at 0.16p on Monday. Hellenic Dynamics is backed by Tel Aviv-based, London-listed medical cannabis company Kanabo Group PLC.
Another classic sting..... Suck em in and spit them out.... Some clever people on here
Bought in here for 21p on 24th May 2021 .
1.9p By the end of year 2022 spiked up to 4.5p a month later January 2023.
Fell back to 3,5p today down 16% ( spared 11.5% ) 84% down on the placing price as of today .
My buy same day below Rns was released.
Placing to raise £1 million at an issue price of 22 pence per share (the "Placing Price")
· Placing Price represents a 10 per cent. premium to the closing mid-price of the Company's ordinary shares on 20 May 2021.
· Pre-IPO acquisition of interest over £750,000 worth of shares in Hellenic Dynamics S.A ("Hellenic" or "Hellenic Dynamics"), a medical cannabis cultivator seeking a near-term listing on the London Stock Exchange;
· The investment is part of a wider strategic partnership between the Company and Hellenic Dynamics S.A.
So be patient….. it’s incredible as an investor you think your research will reap rewards….but the market is brutal…fortunately I can take the hit… but some can’t; but as they say in the “health warning” be sure!
I believe they are starting some form patient trial next week
News inbound it’s got to be coming
Regrettably, seems to be sinking….but hopefully not for long!
Managed to top holding now to 52k going to drip feedback until I reach 100k as I think in 4-5 years might breach 100p. It has a lot of potential growth in the health sector.
Hi…. I do think the news will push it back up….but uncertainty creates panic selling. I am a buyer and not a seller. I have made two purchase in the past hour … time will tell and news when it eventually arrives will not be like the titanic, hopefully! Fundamentals is what the market prices at…….
Didn’t think we would get the chance at these prices so soon. If this goes back under 3 I’m buying a good chunk. These things never go in a straight line and so much news to anticipate. GLA