BDA 1.06% 46.5¢ bod australia limited

Ann: Phase I Medicinal Cannabis Clinical Trial Design Completed, page-8

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  1. 10,010 Posts.
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    Mainly on twitter now but still hold plenty here and not very happy at all.

    The recent seed stock which recently came out of escrow has been sold straight down through many resistance lines ruining sentiment. All gone now but the damage has been done. Seed was done at 10c thus why they just sold off.

    The company needs to get better with their announcements and needs to communicate more. They think they are running a blue chip company. A marketing mob are now helping them.

    They need to get the Linnea deal formalised and should get the import licence soon as well and get the medicinal cannabis products into the market.

    They just need to get a few announcements out and tell the market what they are doing. Has little to no pro money behind it atm either so retailers can't hold it up forever.

    Really at cash backing now. $3m cash and only 36m shares quoted. An EV of $600k is nothing. Rediculoulsy cheap. Compare to the likes of ZLD and you'll see how cheap this medicinal cannabis play is. Dyor
 
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Currently unlisted public company.

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