George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Did some wide searching and the web is putting out the same/old story but with a bit more traction… beyond the slightly misleading ‘Beckham and losses’ inferences, there are some positives in there, like:
“Earlier this week, the company finally launched its first product line, cannabigerol (CBG)-infused serum, face oil and aftershave moisturizer.
CBG, also known as the “mother cannabinoid,” contains potent antimicrobial and anti-inflammatory properties. A study out of McMaster University last year found the cannabinoid was capable of killing the superbug methicillin-resistant Staphylococcus aureus (MRSA).
The CBG not only destroyed the MRSA microbes, but also prevented the bacteria from forming “biofilms,” communities of microorganisms that attach to surfaces and allow them to spread.“
I hope the potential buyers, investors and movers/shakers read the full content of the articles.
Large investors may well give some passive pressure, perhaps a little slack at the moment, but no free ride. The launch (albeit as some may say a ‘soft’ launch), has been a muted and poorly received affair. The smaller investors will voice their dismay and provide feedback…. I expect the Board don’t need any help, they will/should be aware of what mistakes have been made and quickly pull up their socks.
Reputation, political involvement, other investments with a better IRR, better strategic fits…. many reasons and at least BVB has made a clear decision.
Shell’s FID process and cost:benefit requirements are very different to a smaller operator… I expect another player could come in
Bloomberg say $150 per Brent barrel by 2023…. What does that do?
I’d take the average of the above list, excluding the upper extremes…. Still time for one of the above to be right
I guess I’m in the other camp then…. Very disappointed with the launch, marketing and subsequent investment community reaction, but topping up as I still think the Company has a good chance to succeed.
I hope things work out going forward for you.
This is a calculated gamble share (in my view), early phase with expected volatility until the revenue streams stablise and a true market value can be ascertained. Not for the faint hearted and potential upside but also deep truths likely. I enjoy the roller coaster, but am sitting on a profit and that’s always easier to say from that end…. I do expect more bumps, buckle in or take a position and exit at a point you can live with.
Indeed, we can all have a say and give a view. The overly extreme stances perhaps have no place here but let’s give everyone who’s sensible some space.
If the influencers hinted at don’t participate in early 2020 then the Company will have missed another basic marketing channel. I am not in the advertising or marketing industry but have a view on what works well for start ups in this segment…. I just don’t yet see the wider potential buyer segment being engaged… Twitter isn’t enough
I miss a few things or read perhaps slightly differently, and this may well be the problem…. “Accompanied by a comprehensive marketing activation”…. Really?
Fully agree with the general flavour of the comments above, I’ve fed back via email to CBX similar comments (for what it’s worth) and as expected have gotten the silent treatment.
They still have some reputational bank account left to play but the quality of the web site, the delivery timings, the supply chain issues, the missed Autumn launch, the hollow inferences all start to add up…. It’s about time now to show the credentials!
Topped up a little today, still a supporter….!!! I watched the interview and the guy did ok, but more neutral than upbeat. Clearly a committed person, but I think he’ll need some help driving the demand pull. I’ve heard he has a solid team, they could be switched on soon I hope.
Ok R1, but I disagree, they launched their product to market, albeit a partial suite of their eventual range.
I didn’t expect the market reaction and nor did many…. The products have a place and I’m sure will be a success, but the initial response is very clear
I hope so R1, I just think it’s a significantly weaker launch than perhaps what I expected. Maybe I was a bit bullish in my own mind and did expect a more coordination.
Any logic in the sequencing of launch versus marketing? Seems the timing and appropriate penetration depth is way off (speaking from more of a perspective of me being a potential buyer of the product versus a share holder)… If I didn’t have a holding, would they have reached me? Come on CBX, unleash at least an ace if not one of your promised Jokers.
I think the price is about right for the segment they are targeting, but do agree the marketing to date is not what I expected from them…. I’m thinking we have hit a dip and tomorrow we will see further buys and a slight uplift.
Currently Number Seven on the list of top Share Fallers…. A good buy perhaps as tomorrow we should see a swing back up.
Ditto, it’s poor…
Lol