Member Info for _ValueInvestor

28/11/2018 09:29 1,000,000 0.05

Definitely my worst investment since the dotcom era.
That said, I did make good money on UKOG after some turbulent times.

Someone is bored of waiting...
01/11/2018 14:39 1,242,637 0.09

31/10/2018 13:00 115,044 0.113

Afriag's chart is looking in better shape after the recent volume.
Hoping that news flow will see a tick up in the SP!

https://www.bbc.com/news/world-us-canada-45806255
Canada becomes second country to legalise recreational marijuana!

The world is moving along...and the Afriag share are down 75% in 2 years :-(

Seems to be nothing much happening and PIs are drifting away :-(
Just too many jam tomorrow messages and opportunity cost of investments held in some cases for over 4 years now.
Personally, I don't see the point to sell at this price. At least we've seen a little more volume lately.
But it speaks volumes that Sativa trades at such a high premium vs. Afriag.

My (hopeful) guess is that Afriag gets to take care of the global logistics for most of these high value Cannabis shipments.

I was thinking that the AFRI double bottom at 0.08 was it, but now a triple bottom!

Wow.. some liquidity at least.. not sure what to think...

Not sure that I expected more.. steady-ish as she goes and yes 'jam tomorrow' as has been the story since DL took on AFRI. I guess expectations should be kept low for the second half, with something similar to last year.
Share price movement from here solely at the mercy of the medical cannabis news flow...
Still feel that a link with AAAP is there somewhere with it's main market listing.

Looking forward to the H1 results in the next 48 hours or so...GLA

It's like the medical cannabis wild west at the moment.. each player putting their flag somewhere..
Exciting times ahead given the flood of government approvals!
Also, 10-12 week growing times must mean very good cashflow.
AFRI is so undervalued it's ridiculous IMO. The DL effect with PIs I can only assume.

First half results due by next Friday...

So the big day arrives, AGM and GM including change of investment strategy. Can't be too far away from an investment announcement to use the extra £2m.
Hoping for some pre-Christmas cheer for LTHs!
GLA.

The meeting is this Wednesday (12th).
Meanwhile a £3 trade! -
07/09/2018 08:00 3,278 0.122

30/07/2018 09:06 51,176 0.122
30/07/2018 09:02 500,000 0.111

https://www.theguardian.com/society/2018/jul/26/cannabis-based-medicines-get-green-light-as-uk-eases-rules

Oh dear god...

26/07/2018 09:39 15,000,000 0.12
26/07/2018 09:39 15,000,000 0.12

Good to see that trading is possible on NEX!
The AFRI chart looks like it will really blow if we can get above 0.16p or so (long downward trend + double bottom?).