Couldn't agree more.
I'm a recent investor in BDA and i could not be happier.
If we are granted the importing license do not be surprised to see the SP at 60 cents by the end of the week. This being said even at the above specified price, the market cap would be less than 30 million. Compared to the our peers who are all within the 100 million to 250 million market cap range, our SP has so much catching up to do. The sellers have all practically disappeared and reaching this amount will not be difficult at all.
It seems like a few readers here are concerned about a credit raising, i dont understand why!!!
THC.asx and BDA are the only ones within the Medical Cannabis industry which are generating revenue at this stage, and are the least likely to do a CR...
BDA which has a significant profit margin across its products and with its strong growth in revenue and cash at bank it will be able to completely fund its entrance into this market without raising capital.
Hope you all have a pleasant weekend, rest up and enjoy the rally which commences next week.
