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At a glance this morning we appear to be getting a few more buys coming in now, perhaps word is getting out... the seller is still there, but the flow has decreased.
Not to get to distracted with short term price action, but would be nice to see a small move up as we get closer to Autumn.
Seller/s are relentless.
And frustratingly seem to have no level?
The seller had at one point 100m+ warrants for 1p all with an expiry date, personally surprised they have not finished yet but i guess its hard to weed out the warrant sells from traders who have run out of patience. Its probably safe to assume most are gone, ideally we would want them all gone before significant news such as Amazon listing or Main Market listing but if the numbers are low enough they will be fine. Personally I wish they would just rip off the band-aid, dump what they have remaining and let us move up. Really just wish there was a way to know exactly how many remain to be forward sold.
I agree - the selling is almost certainly 98% warrants - and 132m at 1p suggests that there is likely some way to go yet.
Just keep tucking shares away at 2.6p and lower.
The company is now valued at £20.314m and that seems on the cheap side.
Agree the longer it stays like this, the longer we have to top up at discount prices, but at the same time I wouldn't be disappointed to see the seller finished and out. If the SP crept up just a touch I'd still call it a bargain.
MCAP now down to £17.83m..... market for buyers looks dry and the sellers are taking whatever offer they get.... blimey!!
Anyone keeping track on how much cash LIFE is now sitting on ?
Yes they'll take anything that's not nailed down.. quite mercenary. Surely this can't be doing them any good...
https://www.stockopedia.com/share-prices/love-hemp-OFEX:LIFE/cash_flow/
I dont have premium access.
Going by the last trading update, they raised 10million, how much of that is left is unknown. They do need to act quickly though. I dont like the title sucker stock!
I always knew this would the kind of hold that could make the palms get sweaty... not sure when these damn warrant holders will be done.