EXL 33.3% 0.4¢ elixinol wellness limited

Loop hole when they don’t produce the tonnage like they didn’t...

  1. 1,457 Posts.
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    Loop hole when they don’t produce the tonnage like they didn’t last time.. was it the drought or the amont of THC found in the hemp seeds which resulted in plants needing to be destroyed?

    The amount of dilution going on with that stock is ridiculous. SP will fall apart if anymore capital raisings after this one are needed. To have both directors partake in capital raising could easily make the capital raising look more successful than it is.

    Be hilarious if there was a huge SP drop.you can bet they’ll be pushing dividends if there’s a huge spike asap especially if the directors have massive holdings.

    When all is said and done they still have to make revenue and eventually profit.

    Wasn’t EXL the only cannabis stock on asx that listed a profit?
 
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