You and me both Ox270. We got screwed by either an inept or dishonest managent. Judging by what ultimately happened to Andrea Gideon, i'm leaning towards the later. I can't and won't accept that MMJ couldn't make a profit in a cannabis supply market. Particularly a market where there was not enough product to go round. They would of sold every last scrap of buds they would of produced. Now we're an investment company with no control over our income. Meanwhile various scavengers in the guise management will come and go and feed on the MMJ carcass. CR's? Well there's a sucker born every minute. I wish i understood the ASX a bit better, because MMJ needs a thorough looking into its business practice. I'm probably wrong but i thought that Australian companies were legally bound to act in the shareholders best interest. As a long term investor, i don't think management have ever given us a second thought. To borrow a line from one of the other posters "to invest with no return is a donation". Good luck Ox270, we friggin' need it.
MMJ Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held