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https://www.***************************/sativa-wellness-secures-significant-product-listing-with-the-health-store/412862826
Because we simply have had two thirds of our shares removed due to the merger. Outrageous really. I could understand it if we had been taken over, but the reverse is true. Daylight robbery! That said, as we were there was no movement at all, at least now there is a better chance of a rise in SP. Unfortunately we will need three times as much movement as we did previously to just break even. It seems a shody way to treat those LTH who stumped up the money in the early days to prop the company up as they were being established. Like a previous poster said they need 600% to break even. I'm not far off that myself. Strangely, getting in early here will prove to be a disadvantage. You could buy all my shares right now for a third of what I paid. GLA!
The approximate bid price before the previous listing was cancelled was 2p. The current quote on AQSE IS 3p-6p. So with a 2/3 reduction in my shares, I am worse of now . How come
No. Your old Sativa shares reduce by 2/3
Circular states that each Scheme Share for 0.33507 Stillcanna Shares
Does the number of shares I hold be reduced by a third
This was my first investment off the back of the greenhouse grow licence news. Looked good to begin with but as soon as they announced that wasnt going ahead thats when i started thinking. However, decided to hold on and see what happens, luckly the loss on this one has been covered by another. (NYCT, i got in at 55p back in feb and its doing ok now). Wait and see what happens i guess with Sativa! Fustrating HL app doesnt give live prices, but i agree, untill a lse stativa wellness board becomes live, we should stick to this one.
IMO DYOR GLA
Holding on for a 600% rise to break even. Ever the optimist.
Yes mine too. Also significantly reduced. So are we remaining on here or is there a new SWEL page on LSE? Can't find one. Difficult to keep up to date with the price and trades right now. Anyone got a solution? The price did shoot up to 0.22cd briefly yesterday but came back down immediately. Currently at 0.11. Anyone any idea of volume? More to the point is there any of us left here?!
In case anyone interested, it is now showing on my HL app, SWEL.
Share holding reduced, by a third or so, and a CAD price converted to GBP.
And a massive drop in value!! Oh well hold and see I guess
GLA
Sorry for fat finger typos
Has anyone read reports of Sative equipment in Poland being sol off? And no crop planted for the second year?
Getting basty feeling about thus, hope it's not true.
No idea what the future holds but, will be wathing with interest tomorow.
GLA
Looks like we're coming back online tomorrow... Any thoughts on opening price? Will the Canadians buy in do we think?! Optomistic but cautious...
For those who are interested HL saying they are awaiting approval from Candian Exchange something and Stavia will reappear on the app by the 30th of September
It is the other way round. Its a reverse takeover.
I'd not seen that... Very interesting. Let's hope this development is reflected in the share price! I'm still smarting a bit about having my holding slashed by two thirds, but I guess it's better to have a smaller piece of a bigger pie! I'm still unsure why we were taken over and not the other way around? We've retained the name, the board is our board and it looks very much like the sati team are in charge? I'm sure there is a good reason. Finally good a good feeling about this... It's taken a while, but looks like this could be big.
Very*
Expecting big announcements once completed. Contract with Brains bio received every little attention when initially announced. Share price did not budge....exciting times.....
Exciting looking updates... What do we think the opening price will be? As we we're, higher or lower..... Anyone know how the price is going to work being on two markets?
The new name is going to be Sativa Wellness Group inc. I hope this all works out good in the future it's still early days in the cannabis space in the uk fingers crossed good luck everyone I'm in for long run
Thanks for that 10Guitars .
Spoke to HL today. They told me that the sativa listing will reappear on their ap on the 15th of September. I imagine under the StillCana name