Ponderings over the long weekend8 Apr 2023 15:40
Just my pennies worth as I sit here thinking about where this could go, all thoughts and opinions welcome. All very much IMO, always DYOR.
Chart wise, I believe it to be looking very nice. Like I said before, higher highs and higher lows being set. Doesn't take much to move the price here.
The BOD own a lot of shares between them, always like to see skin in the game.
My understanding is that Celadon are now the only UK company, and one of a few worldwide, that can sell this product. From James' interview, it seems that the market is there. So I imagine the next stage is sales?
Now, the big point. What do you all reckon the chances of a takeover are? GW Pharma is the example here, and I have seen them referenced both here and in James' recent interview. GW were bought out for $7.2 Billion, around £5.8 Billion on todays exchange rate. Current market cap here is just shy of £100 Million. That's about 58 bags from here!! Seems insane to think of that amount, but what's everyone's thoughts?