Liquidity is the problem with CNEL in that the management own I think 65% of the shares, leaving around 35% maximum in free-float, but I suspect within the 35% will be some sizeable long term big holders. This helps to push he share north in times of positive news.
Completely agree. I'm sat on a 94% loss so selling up would be pointless. My intention is to hang in there to recover at least 50% of this & then exit.The letter from Align hits the nail on the head as I have increasingly thought the BoD were eeking this eat out for the money, justification of faith in the Company is not evidenced by the embarrassing absence of Equity participation by them, heightened by the stupid money they scrape out of the Company. We've nothing to lose but kicking the board in a sensitive area is a good move. Wake the sleepy, complacent bustards up.
I sold up in UKOG last year & put the lot in here, glad I'm only 25% down, a lot less had I stayed in corrupt UKOG now on its needs having a last chance at the bar fund raise. I would have 85% down on UKOG
God knows why FFWD haven't released news of this ground-breaking event in Canada which must be a turning point in most western countries perception of the positive use of Cannabis. Not a single word, tweet or fart.
Aphria up $5.30, we've a million of these, $1 = .58p, valuing our 1,000,000 at �7,000,000, plus the cash we got! Market Cap is �21 million tonight, si its 33% of our market cap. F@@kingmadness!
Aphria up 8%, Factom release a stonking update along with the US betting market opens up LEAP's potential & the cancer drug company giving positive news on their Cancer drug trials, yet the share flops. I really don't get it.
I've been very to sell up half my holding & divert into Aphria directly, but the Factom story will unfold as data security is a real issue with Financial Institutions & everything is going paperless now.
I hate this stock at times. I look at their holdings potential that keeps getting ramped to high heaven, then further excitement over on Twitter, then the stock re-acts like thus. I really am mystified.
They won't give noodle about the US, they're self-centred & look after their own, the market at home is big enough without worrying about the US who they have a fractious relationship with anyway.