RE: Added2 Mar 2021 13:42
Hi neon..
I remember you from snr...that was a great investment but I departed with my last holdings there at 96p...
Here...I have a good numbers too and I have been involved with cannabis sector for a few years now. I was heavy in zoe from 5p a share but then as here now ,many posters were negatives and I had lots of negatives there too but ignored them and I do use the nice filter bottoms often these days and only mix with right investors posts..be it positive or positive but balanced..
MGC imv is a good company and the sp is trying to find its way to consolidate as on ipo day and a few days after had risen without news but on hype and unreasonable expectations but now it seems to me is settling nicely to be reasonably confident as a good price for me to pay.
Today drop is irrelevant and was opportunity for me to add more as so many things is going well for it and their aims to be more pharma rather than pure cannabis is a very interesting concept backed by increasing orders and revenues in less than a month....
I looked at more in details of why the sp has dropped today and couldn’t find a fundamental reason related to the company is causing this ,so I ploughed more to take advantage.
I am confident in this purpose driven,well funded,increasing revenues exponentially in less than a month after the first one and they are producing and manufacturing at the same time...
SP fluctuations is of no relevance to me now but the entry point is and I am happy with my decision as I was with snr at 44p average!
GL