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Would be nice to get some sustained share price rises…. But we need news and good progress
Agree seems much more than the average daily volume 🤔 hopefully we are now coming off the bottom and we get a steady rise as progress is made throughout the year …
It’s great to see « the team » talking about what they have been up to …. There is a lot of progress across a number of different areas (many of the compliance and legal (boring but v necessary)) which they will hopefully update us with soon
I think those cost savings have already been factored in to the amount raised … but if they can reduce the timescales that will be very encouraging … especially as project 2 will likely go rapidly in to stage 2 testing 🤔
Why in earth is the price slipping 🤔
A few 1m buys this afternoon 🤔
Just bought a few more 😎
My understanding. The focus this year is on program 2 (the cbd inhaler) as this needs less regulatory hurdles to cross and this is being progressed in Australia. Clarissa believes this will be the first product to hit the market. The other three programs are all being pursued, with preparations for program 1 phase 2 testing next year. A lot of legal and regulatory work is also being done this year so hopefully by the end of the year … program 2 phase 1 complete, program 1 ready for phase 2 with lots of administrative hurdles for the regulators cleared and legal work to protect investment across all 4 programs complete.
And down she goes …
Must admit that the talk of further dilution to raise capital by end 24 worries me … as does the idea they could create 200% more share diluting out share value by two thirds. I know it’s worst case but … worrying
What do you think the chances are if getting government funding through dr Farquhar-smith ? 🤔
Looks like they are no longer bundling the free gift with orders … or am i missing something 🤔
Where ?
A rounding error maybe .. but to get to 5p from here you are increasing the Mcap from 8m to 30m … there needs to be a reason for this new valuation no ?
Cbx are at 8m valuation now with an SP of 1.3p
10m would put it at about 1.6p
16m would put it at about 2.6p
So what is a realistic valuation for this company (inc the carbon capture offshoot) 🤔
I just added a few. Got my average down (a bit) so now lets hope this thing really takes off ...
Can you post a link ??
As someone in from early doors (and holding a big loss) I must say that … I am more optimistic today than I have been for ages.
I still don’t get the carbon capture (and would expect a lot more communication on this move .. possibly a deal / big order in the pipeline or such like) but for the core business … this a massive move forward !
We need more moves it’s true … but if the BOD can get this deal maybe they are working on others too.
So in summary … happy to wait and see what happens for the next few months. It seems very cheap at this price (and I really wish this was my average price !!). It won’t take much hit this share price to really get going … a few good pieces of news and away we go AND … now that looks a strong possibility.
If i find some money (unfortunately checked the sofa and it’s empty) will top up at these prices.
Great to see some excitement here after all these years but … where do you see this going short and medium term ?
The latest news caught me off guard … but is there more to come ? Does anyone have any idea what the BOD are up to and what they are trying to build here ?
Sensible answers only please 🙄