BDA 1.06% 46.5¢ bod australia limited

Ann: Phase I Medicinal Cannabis Clinical Trial Design Completed, page-10

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  1. 10,010 Posts.
    lightbulb Created with Sketch. 103
    Almost no EV now. Definitely some manipulation going on as the SP and support has been destroyed by seed selling.

    Plenty of cash to operate for a long time and revenues to start increasing this quarter with big distribution deals with IGA and API.

    I think they have to get some more news flow out and get some decent brokers on board. Seems to be mainly retail holders all over who are much more prone to panic and manipulation and don't have the cash reserves to take out any sellers.

    Management certainly haven't helped themselves but it seems they are getting help which will hopefully make a difference soon.

    Low manipulative volumes but sentiment destroying all the same.
 
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