EXL 33.3% 0.4¢ elixinol wellness limited

Ann: Investor Update March/April 2019, page-25

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    BP put out an upgrade to their SP target dated 22nd March

    wee snip

    "Elixinol has previously stated its intention to pursue national retail deals. There is room for multiple brands within each retailer, indeed, there is no indication from the CVS/Curaleaf announcement of exclusivity on behalf of either party. No changes to earnings. The forecast for FY20 includes a modest allowance for revenues from a national retail deal. Price target is raised to $5.30 (previously $3.39) in anticipation of a significant transaction with one or more national accounts."
 
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