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Jamie Suey

66 Posts.

08/02/19

12:14

Post #: 37375381
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Originally posted by MG. ↑

you are right David. Lodged today and the exposure period will be for 7 days so out on 14th and listing will be on 29th March. They want everything through Barry and the Team so bloody tightly controlled and run. Its internally underwritten you can say as there was no need to go to a broker or ask anyone else. Due to this expect very tight low selling which I heard can be swallowed up by the US and Canadian exiting funds. So the best and possibly the only way we can access these shares is to buy on open i reckon. lets see how all this pans out. You must have been in their July 2017 raising. The most advanced and revenue generating Hemp on ASX plus can globally a force to be reckon with I was told in Hemp. Barry Lambert is a proven head here and abroad no wonder they could count Mitch Mcconnell the US Senate Majority Leader as a strong supporter. It ticks every box in every aspect for Hemp I was told. Lets wait and see how all will unfold. EXL is flying so this can do better who knows!! Good luck.

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MG, could you clarify this for me, as I'm a newbie to shares.
you say tight low selling, by doing this do you mean once listed, they sell there shares, so effectively it drops below IPO price?

Last edited by Jamie Suey: 08/02/19
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