Member Info for Cranleigh

Where's Anaconda?

This is ominous...

Ananda Developments Plc - £300,000 raised for medicinal cannabis growing strategy #ANA @AnandaPlc https://www.**********.co.uk/rns/announcement/1bc05758-372f-4bdc-a04e-e7275570cee9 #**********

Vox Markets (https://www.**********.co.uk/rns/announcement/1bc05758-372f-4bdc-a04e-e7275570cee9/)
Ananda Developments Plc - £300,000 raised for medicinal cannabis growing strategy - Vox Markets
15 February 2021 ANANDA DEVELOPMENTS PLC £300,000 raised for medicinal cannabis growing strategy

Path need to raise money to keep the lights on.

So they claim to have pulled out of the DTU deal, whereas in fact it automatically terminated 7 weeks ago after they FAILED to complete the transaction by the revised longstop date of 31 December, having FAILED ever to publish the required prospectus!!

Utter piffle.

Closed that short yet Robbie? That £1K looks a tad vulnerable/shrinking...

"I'm £1K up on the short here". Do you mean you've closed the short and cashed that profit (well done!), or that on paper you are £1K up?

I won't tell you how much I am up on my long position, but if I cashed it I would need a few wheelbarrows...

Ah, The Hollies!
https://www.bing.com/videos/search?q=king+midas+in+reverse+youtube&qpvt=king+midas+in+reverse+youtube&FORM=VDRE

I'm trying not to mind

No, that'll be Ananda finally seeing the light and throwing a whole week's pocket money at it

Tragic - RIP.

Appears they intend to make an offer....

One of the reasons I detest them is that they feed off destruction and failure, rather than being positive and supporting people who build successful businesses.

Ananda, you can have some of my shares if you want - £1.50 a pop, offer open 24 hours.

RKB, I haven't laughed as long in a good while!

I don’t know about elegant (thanks anyhow!) - it’s just how I’ve experienced test markets working, and this one was started way before 30 Sep.

The RP option soft-shoe shuffle just adds spice and plausibility to this possible explanation of the “conundrum”.

The “lie” he now points to - that no store sales were included in the interims, despite previous comment on how they had exceeded expectations - has one very simple possible explanation.

It relates to the difference between sales TO and sales BY retailers.

Having spent most of my career in FMCG, when a company wants to conduct a quantitative test, often the goods involved are provided FOC to the outlets concerned as a way of compensating for their trouble with an “unknown” proposition that may not sell well and takes up shelf space for the duration of the test.

It would not surprise me at all if this was the case here, especially if wrapped up as part of the the overall deal whereby Schrader family bought RP’s option shares to become major shareholders.

Terrific reviews. The products seem really to stand out vs competitors. The potential to build a strong franchise based on consumer preference, which together with a clever go-to-market give the building blocks for a long term, highly profitable business.

Whether it's market reaction to the podcast and/or more, we are into the 90s! Cue talk of pound parties, presumably via Zoom....

Mousekewitz, that reminds me of the adage “Management must manage”!

Any system that allows commission- or bonus-incentivised agents to approve loans without supervisor review and agreement is asking for trouble.

Thanks, fiisch - I had no idea (despite being old school!).

Hope shared...

Why “printed”? Where does that strange expression come from?!

I agree - Path have looked moribund since the initial deal - couldn't even get a Prospectus together!

However soon we finally exit O&G and on what basis, surely we could and should change our "tag" in terms of industry sector to Consumer Goods ASAP, the better to reflect our main activities and to inform potential investors...not least in the USA.

Seriously - after you have owned the shares for less than an hour?!