RE:RE:RE:RE:RE:RE:RE:RE:Bevcanna 67 cents? Also, to add to that...
Bevcanna's sp has more than tripled in the last 2 months. This could be a sudden rise in retail investment - but most likely their is some institutional money being invested here as well. For Bev's stock price to go up sharply and NL to have no change means that the greater investment belief is that NL isn't going to be the provider of the OIL to Bevcanna. Or at least they aren't confident.
I promise I'm not trying to be a downer here. I am very high on OILS long term. I just like having accurate information to work with. It is annoying that a deal was made and we aren't sure whether it will happen.
I fully understand that in an industry like this management teams are changing frequently. Different management teams have different relationships on who they want to supply. But this recent surge by Bev has required this NL investor to have clarity on this.
A lot of retail investors bought in on the public announcement of this deal last year. There was a joint television interview between the two companies (Emma and Paul). I think it is fair to request complete clarity here rather than investors having to try to read between the lines.
If management has changed at Bevcanna and they don't like the deal anymore then I don't hold NL responsible for that. But I would like an update on what is happening there - even if it isn't great news for us. Clarity is important.
jmo