JHL 2.27% 4.5¢ jayex healthcare limited

Ann: Trading Halt, page-5

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  1. 1,467 Posts.
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    Hi Bilson, It looks like you have quite some experience with Cannabis stocks. Holding just about everything, apart from MMJ and MXC - Interesting! I am a substantial holder in MXC and have been since day 1.

    I made a small investment here a few years back and have seen it decline, relentlessly ever since.

    You could be onto something here with your cannabis tip. The Trading Halt certainly did not imply a looming Credit Raise that most would probably suspect is due, given the Directors are now paid in shares due to the lack of money in the business.

    “…. a material licence development agreement.”

    To me, this implies the input of some new blood and / or opportunitie(s) that may well add some much needed impetus to the business and share price………… I hope so anyway!

    As to the orientation of this ‘agreement’, I guess we’ll need to wait……………. but a cannabis play would certainly add interest if not value to the business.
 
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