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very impressed by the recent announcements, I would never have though we would have had 4 RNS is as many days previously, it seems previously information was hoarded and released together, but if releasing any information as soon as it can is the way forward then I am all for that, and I am very happy for all the long term holders, lets just hope it continues for the longer longer term holders.Like most on here , we can only speculate and research information that is out there, I am sticking by Zoetic, definitely on the up and just have a few set backs like everyone else with covid.
been a good day, my other Holding Zoe having a cracker of a day.....now we will see a rush on NCYT this afternoon , as we usually see this time of day with NCYT, people not wanting to be left out if RNS drops early :)
been on the road since 6am, saw the new briefly and now at my desk, wow what good news, and good to see SP up 40%, just when I was about to top up...just my luck...always get my timing wrong ! :)...lets hop it stabilises at about 7 and wait for the next deals to be announced and go from there...or go up quicker..either way I don't mind :)
I think to come out of the other side of covid says something, how many other businesess have we seen fold or will fold?, no one could have predicted covid, and just think where we would be now if it did not happen? we would have had more outlets for chill, we would have filmed that short doc with Fishburne, we would have sold the seeds.
in my eyes Zoetic has survived, hibernating and slowly getting ready to come out, and its SP stabilised, alot of other companies out there where the SP has taken just a similar fall.
What is filling me with hope is the comment in the interview about getting more interest in their company stateside, getting more investors interested over there.
when the new distrubition deal comes, it will give this a massive boost, even though I buy Zoetic UK products, the brand is dead in the water, if it wasnt for the awards and press articles I think we should have rebranded it by now.
nut like I said previously , I think a lot of investors are looking to make quick gains at the minute, trying to recover losses etc.
I still have a big holding in Zoetic and hoping to increase it slightly in the next few weeks.
i think pre- covid days that this sort of RNS would have seen a rise of 20%, alot of investors are now chasing Pharma, I am one of them and looking to make some money back from covid losses, its a risky game to play, I still hold a lot of Zoetic shares and will be topping up again soon, Zoetic is a completley different company to the old days. I would like to know more on the savings this deal would produce, not having to pay leases, or whatever running costs come with that side of the business. I think Zoetic can now fully focus on the CBD part of the business, so one less thing to worry about, sometimes you just have to get rid of things and I think it is one step closer in a better direction, but like any business, when you have change of management you will uncover some dirt that has been swept under the carpet, in this case for me that dirt is the oil/gas side of the business, so if we have to pass that off/cut ties/do a speculative deal then so be it.Wait for the next Path announcment which will most likely involves Brooks Energy Company haha
its definetly interesting, with AVCT SP creeping up, will it stall as it gets closer to NCYT? or will it prompt NCYT SP to move up?...all unknowns, and people will say that it doesnt work like that but there are so many games being played here by a lot of people so who knows?