No, RB, not a complete coincidence. I respect your opinions and had noted your optimism before adding a small number of RGI to my portfolio (in the folder marked "Speculative: likely Junk"). I bought into FDM when Yeager took over, and added most of my holding at 6 cents, sticking half of them into my SMSF in pension mode.
One of your last FDM posts was in regard to the loss of their CFO; this was a perceptive observation, and since then they seem to have mislaid his successor (although he was only referred to as the Accountant), and now have another ex-BHP bloke filling in. Not a good look. I'm not particularly happy with their approach to either debt or equity raising. But operationally, they seem pretty healthy, and I'm hopeful of re-balancing down in a few months at something over 50 cents.
I see that another Canadian cannabis mob, Althea, is going to list on the ASX. I have no idea when the bubble will burst, but sooner or later....splat! Apart from your good self, what his particular forum needs is someone with the analytical skills of a madamswer.
RGI Price at posting:
35.5¢ Sentiment: None Disclosure: Held
