RE: So how can there be 20m buys hardly any sells2 Mar 2021 16:15
The only risk here is killing sentiment right now on CBD in short term
At the end of the day, sp and and mkt cap don’t mean anything right now as company is not producing any products for 6 months and therefore sp can be anything the market sentiment wants it to be as there are no fundamentals or forecasts And no peer comparison that can be used as whole sector is new to market
If you are purely looking to get in and out short term on sentiment It was always a punt. And this did totally opposite price action to KNB. Ie Day 1, 2 &3 of KNB was basically like Day 3, 2 and 1 for KNB
Medium to long term it should pay dividend given the market potential and diversity of experience with bod and their commercial contacts