RE: Start27 May 2020 20:04
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