RE: Issue of Convertible Loan Notes11 Aug 2021 22:55
The Canadian operation referred to was for poor quality recreational cannabis. Ananda is after the high quality medicinal product market - a very different outcome. I am quite happy with my long term investment.
There is something new on their Twitter feed daily about what is happening on medical cannabis generally. There are also frequent links of Melisssa giving interviews confirming what we already know.
Massive trade of 1,000,000 shares from early yesterday just appeared in Share Trades at 45.50. This shows as a sale as this was at the mid-price - but was it? What is going on?
As I understand it - this is all part of the process which will ultimately mean AAA can re-list on an alternative market. We shall have to wait for further info as it affects MESH. See posts in early July.
The only problem I foresee is how we will be able to realise a sale. If it is going to be listed in US before we can trade there will be tax and other cost implications. I have already had my holding moved out of my ISA into a normal trading account. Not sure how this will affect things and possibly CGT costs.
My MESH shares have already been moved from my ISA to a tax paying Dealing Account by EQi (Equiniti) .Not sure of the basis of any CGT as I paid £10K to buy 40,000 which were worth £17K on suspension. At the moment showing as worth NIL and suspended.
RE: London South East live event - with Executive Chairman Geremy Thomas speaking live8 Jun 2021 23:17
Watched it - bit disappointed - nothing new and no real hints as to what is planned apart from a few more covid centres and possibly doing blood testing as well. Applied for Novel - that’s all.