Trust and transparency26 Mar 2021 10:12
I agree with Barwick, Ed was quite happy to be transparent about the sale of KNB & CBX sales as they were a quick in and out for a decent profit, albeit on a scaled back investment, yet he was forced to come clean over the disposal of Portage shares. Why? Because he knew we had just done a placing and they were sold cheaply and the news wouldn't be well received. Well I'm sorry there should be no difference between disposals and they should have been equally as transparent.
The most damaging effect on sentiment IMO though was Ed publicly stating that a European cannabis company would list for 1 billion and without actually saying it he was clearly alluding to EMMAC. Within a week it gets sold for 1/5th of this price! He must have known ffs.