RGI 0.00% 4.8¢ roto-gro international limited

Ann: Market Update, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,540 Posts.
    lightbulb Created with Sketch. 230
    Funny how we all interpret things differently, I would have thought the "Long Long" related to going long on the stock, ie going over weight as opposed to shorting a dud stock.

    Having said that, the way this company is evolving, it could be a 10 year + stock to hold. Only time will tell.

    I can see 100% minimum gains by around June 2019 - not far away, xmas is upon us. By then Gibio & Freshero will be in full swing, The construction of their MJ cultivation facility will be well underway. Also orders from about 5 of their customers awaiting Health Canada approval might have come through.

    To get to a market cap of over ten times the present, IMHO will occur sometime in 2020. Expanding their cultivation facility to 30,000 sq ft (remember they're building 44,000 sq ft) alone should push the market cap to that level. Then there is the Gibio expansion to 10 facilities over 5 years & Freshero will be similar or bigger.

    With their current plans, I think over the next 5 years we'll see exponential growth, beyond that will depend if the company evolves & what else is in the pipeline.
 
watchlist Created with Sketch. Add RGI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.