Australia's largest stock trading and investment forum Australia's #1 stock forum

IGS

Click for more information

0.00%

0.3¢ international goldfields limited...

6numbnuts6 That's your thoughts on investing before a planned...

First 11 Last

Share
Profile

Follow
Kiwi67

5,656 Posts.

1

28/05/15

20:40

Post #: 15372087
Share

Originally posted by 6NUMBNUTS6 ↑

@MeToo I agree with you in terms of SP and the ups and downs in relevant time periods. Although saying this you can compare similarities between PYL, IGS and other emerging biotechs in terms of what they will be going through. A big interest (spike in sp) > boredom >share price teetering off > announcements > no talk > exciting announcement > SP jump 5-10%. Rinse and repeat it will be a long slog for all companies involved in this niche sector of the health market. I think you will find once legislation starts to slowly open up. I'm talking about import/export laws regarding CBD,THC,CBN etc. Once related businesses can freely trade between respective countries MGC markets, then we will see things really start to heat up. That will most likely (personal opinion) be 3-4 months away, close to sept, if not the start of oct.

Cheers,

Nuts

DYOR

Expand

6numbnuts6
That's your thoughts on investing before a planned consolidation and huge as yet unknown dilution?

IGS Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

US election outcomes: Key economic and market takeaways

There are more pages in this discussion • 41 more messages in this thread...

First 11 Last

Add IGS (ASX) to my watchlist

SPONSORED BY