EXL 33.3% 0.4¢ elixinol wellness limited

So they are a US company and profitable. They are IPO the...

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    So they are a US company and profitable. They are IPO the Australian Version, with no revenue and no licenses, so starting on a blank canvass, however is that to say they are using their US profits besides the IPO money to fund the Australian operations? I would think yes, so its valued at $1.91 based on share price with basically nothing, does anyone see something wrong with this? or are people buying on the hype...
 
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