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Earl - I don't think you read what was there but interpreted as only you can. Is that where they claimed to be ready to sell 20M units of serum???

Earl you are factually wrong in a number of areas.

1) You claim pain treatment - that's a medical claim which the company website make clear is not the case so I cannot see it can be sold or marketed as a medical treatment. All CBD products can help with pain management but as far as I am aware none will be sold explicitly as pain medication (unless they are specifically in the medical arena). Are you aware of the BMA requirements for selling products that claim what you state and do CBX have those licences?

2) CBX is not the first company out there nor the first CBD listed company nor is it somehow unique in selling skin care and cosmetics. Look at the ZOE and LIFE websites for starters (there are others out there too). Yes it is bio-synthetic but I'm not sure that is a marketing positive fact when competing against natural products.

3) What basis do you have for naming Amazon or Boots - facts please and not guesswork

What you are posting is not doing CBX any favours as it is riddled with misinformation, lies and blatant ramping. This is as dangerous as any de-ramping that goes on - maybe moreso as it raises expectations that are completely unrealistic

geostar - what are the company going to RNS? That they have brought the launch of products forward? That they plan to sell 20M bottles of monkey serum? What are you expecting 3 days after placing? You may be new to investing but one of the quotes worth remembering is what Warren Buffet said "The stock market is a device to transfer money from the impatient to the patient"

But I'm not sure I can take you seriously if you think they will sell 20M of them

As a note ZOE have stated that they have an anti-ageing product that will be launched shortly so it will be on the shelves before the CBX product.
I'm not sure about SERUM but that sounds good and may give CBX a USP and I'm sure it will do well.
One thing to remember is that the bulk of ZOE's business in a very different arena as it is smoking cessation products.
There is enough room for a number of players so everyone nan Chill

mannan - the reason that this was 13x oversubscribed was that 90%+ of people that subscribed were after a quick buck and not interested in holding for any time and FOMO took over. If the demand hadn't been there then people wouldn't have been rushing in to buy. All about people looking to make money

I didn't see the Q+ A session but apparently it was reported that there would be no profit for 2 years. That may have had an impact. A lot of investors saw it as a chance to make a quick buck with no intention of holding long-term.
I'm not sure what people were expecting but the SP is nearly 200% from IPO price - maybe people that jumped in early on Friday hoping to ride a crazy rise have bailed after a couple of days of the SP dropping

That would very much depend what the RNS said!

For those that are accusing AZ of incompetence and questioning the handling and radio silence of the suspension please share your credentials with the board.
I doubt many have been responsible for bringing a company of this size to market, put years of your life into developing a highly technical cutting edge ground-breaking business or put the kind of money AZ has put in here into any other business.
If you have then I'm happy to listen to your thoughts - if not let the expert who has got us here get on with running the business as only he can.
There seems to be a lot of armchair experts happy to criticise now who will no doubt go very quiet if/when this resumes trading at a substantial re-rate or claim to be so smart to have got in before the rise

I for one am happy to let the suspension carry on for as long as AZ deems necessary as I'm confident the company is in the best hands

HappyInvestor - if it's not futile then can you please share what you've gleaned from the comparison between CBX and KNB after two days of trading?

Some people need a reality check - all this comparison with other companies is futile. The company and it's advisors set the IPO price at 5p as that is what they believed the company was worth at the moment. The whole Beckham connection has been played very well by those looking for a massive jump so they can bail and make a fast buck. DB's company has invested at 1p which is a heavily discounted rate to those subscribing at the 5p IPO price. DB is not the face of CBX and never will be - it's an investment only through his company. CBX may do well in the future but there is quite a road ahead - there may well have to be placings ahead to raise cash but we don't know. The reason IPO's seem to be cheap is because the company is relatively new and carries risk. The SP is re-tracing because the hype has calmed and it will now find it's trading level - that may be 10p or 5p or 2p or 20p - no-one knows at the moment and people throwing out wild guesses do more harm than good. A lot of people new to investing jumped in and are running around like headless chickens - if you bought in at IPO you are very well in profit. If you can't stand the ups and downs take the profit and put it in the bank. For those that bought in on Friday or this morning then like the major shareholders you are effectively locked in for a while so switch of for a while and enjoy life

MrNation - the difference is that ZOE have CEOs who are experts in the CBD/Cannabis markets (google them), products on shelves now generating income, have distribution agreements in place (including with AATAC in the US to roll-out to 88,000 stores), have met all legislation requirements, have products based on natural CBD (not a man-made synthetic alternative) and apart from the cosmetics, oils, gummies etc. have tobacco cessation products being distributed throughout the US as we speak with the EU to follow shortly.
If you care to listen to John Story (yes the JS invested in CBX - his ZOE investment is much larger) his comment is that at 80p ZOE is in real terms cheaper than it was at 10p as the CEOs have got ZOE placed to be the industry leader.

Now maybe you can explain why you feel CBX are valid at 50% of ZOE

GreenKitty - no-deramping from me. What I am trying to do is answer your question as to why people would sell up.
What you are basically saying is that people buying in at the current SP could not do better elsewhere.
Buying in at IPO levels is a great return (and instant profit which is what some were after) - I am confident that my holding in an alternative CBD play (and it's a lot more than £25k) will provide better returns than here in the next 6 months as it is much further down the road and has many strings to it's bow. That's not to say that there aren't good profits to be made here but I'd like to see some positive forecasts before I would invest substantial amounts here as things stand.

Dadsbatty - that's not what I said. Please re-read

You start off by saying "Are they wrong for selling? Absolutely not!" and then finish by saying "Stop and think, you’re in at the start...at 5p!! This could go anywhere over the next couple of years! Forget the daily movements and enjoy what is developing before your eyes!"
Every investor has their own strategies and taking a 300% profit is understandable as you don't get that often in one day of trading.
As I mentioned in a post below if you believe that this share will out-perform every other share from this SP then yes it's a hold. If you believe you have an investment that will return more than this then yes it will makes sense to sell.
As you say this share could go anywhere over the next couple of years - up as well as down!
There are no certainties in investing and a profit is a profit so never disregard those that choose to take it.

GreenKitty - you ask "why cash out in Monday x4 with your small allocated IPO shares when you can ride the multi bagger for longer term mostly CGT tax free later?"

The answer that some may give is that they can take a 300% profit now and put that into a share that may return more than CXB will return in the next 6 months. There aren't many shares that do 300% in one day.

Let me ask you a question - do you think CXB from the SP now will out-perform every other share in the next 6 months? If the answer is no then you've answered your original question.

Wallbrooke - you missed ZOE

rebel - yes I started putting something together on ZOE to disprove everything he claims. He is away with the fairies (and lays with goats in Wales)

Muel/Takayama - NOT true- try ZOE

Casa - same calibre as KNB? Haha - have you even heard of ZOE? Years ahead, fully compliant and on the shelves and rolling out globally right now - and more importantly an absolute bargain compared to the crazy mcaps of the new CBD boys