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The RNS isn't going to announce a contract until the government announces that they will be using Passports and answers the questions about the ethical response. The answer isn't going to come through CTEA share holder instead information but for sure we will be involved in a product in the future.
I cant even buy any. Gutted I bottled it yesterday
Seems like your not invested in this share. Good bye then.
Where will your products be on sale ? Any deals done with stores yet ?
u/alexis_abraham avatar
alexis_abraham
Cellular Goods
Seriously on point question - we are in discussion with two key retailers one that is dominant online and another with a large physical footprint, can't go in to more detail whilst we are in negotiation but really excited. We will support their efforts as well as simultaneously launching our own e-commerce site.
Reply
u/MathematicianAgile42 avatar
MathematicianAgile42
Amazon ?? thanks for the reply ????
Reply
u/alexis_abraham avatar
alexis_abraham
Cellular Goods
was that 'Amazon' or amazing ? Both strong answers
Everyone is commenting that they applied for more money than allocated in their IPO and recieved approx £4-500 but people need to realise that IPOs are there for institutional buyers. Not people who want to invest a few thousand here and there and sell out. Institutional investors will see the long term investment that company has and will offer a large sum of money (millions) not looking to make a fee hundred pound profit. The company is worth more than the initial 20p opening (who knows what numbers opening???) and the institutional buyers are aware of this but happy to wait years unlike many people here.
Angio Prime it didn't show but in summary for everyone "An IPO lock-up is period of days, typically 90 to 180 days, after an IPO during which time shares cannot be sold by company insiders. Lock-up periods typically apply to insiders such as a company's founders, owners, managers, and employees but may also include early investors such as venture capitalists". People were panic selling Friday!!
Yes questions and answer tonight from CBX at 1830pm so promising news coming ??
IPO share holders cannot sell their shares immediately as it is in the terms on the contract. I was fortunate to have bought some and had bought some more at 23p. I think people panicked Friday thinking IPO shareholders were selling and bringing the price down whilst if you do your research and not listen to others we cannot sell. The company has to determine the price based on the market.
Promising. Perfect timing ?? Welldone CBX
Do people with IPOs serious think a company is going to sell an IPO for 5p and then open a share for 20p giving away the opportunity for you to bag your money X4? They would go broke! Have some common sense. This is investment. This company will rise, it has good potential thats what you should have read and invested into CBX for not for thr hype and rampers!
Look at the crazy buys
It's going up
Shares in a cannabis skincare company backed by David Beckham soared on their debut on the London Stock Exchange on Friday.
Cellular Goods (CBX.L) offered shares at 5p in its initial public offering but saw the price of its stock climb as high as 28.5p on its first day of trading on Friday. The stock was still changing hands at 23.90p by 10am in London. The surge valued the pre-revenue business at over £100m ($139m).
Cellular Goods is a "wellness" company that plans to make skincare and mood enhancing products from cannabinoids, natural compounds produced by the cannabis plant. The products will not contain THC, the psychoactive compound found in cannabis that makes people high. The best known cannabinoid is CBD, which has seen a boom over the last few years. Consumer goods companies have put the compound in everything from drinks to eye creams.
WATCH: CBD competition heats up
READ MORE: London could be centre of Europe's cannabis economy, says vape CEO
Former star footballer David Beckham is one of the biggest outside backers of Cellular Goods. Beckham owns a 5% stake in the company through his holding company DB Ventures.
"With shares 13 times over-subscribed, initial demand for cannabinoid company Cellular Goods was always likely to be high and as trading has got underway it’s become a hot stock," said Susannah Streeter, a market analyst at Hargreaves Lansdown. "David Beckham’s backing certainly added a celebrity glow to its listed debut."
Streeter said the CBD skincare market was forecast to grow to $3.5bn over the next five years but said it was already "a highly competitive field."
Last hour is going to go crazy - stock is cheap
Dont listen people!!! its in IPO contract that you cannot sell for 3months - these are derampers
Beckham will be strong in this share for us - just managed to get in at 27
??
email saying IPO shares to be added at the end of the day, joke... the share prices will rise for everyone now... which is great. is this good for us? It'll go up again at the end of the day again then with them knowing this too... so I guess its there way of being clever!