Neptune Wellness Solutions Inc NEPTF

My perspective.

[Riskfetish]

I've owned NTB since the bottom of the financial crisis when I stumbled upon it by way of Northern Rivers. I initially got shares for 60 cents so my average is way below anything we have seen lately.
I was a believer and as far as the science goes I still am. That being said I can tell you that people close to the "inside" of this company and who bought into the story have been warning me for some time that the behaviour of management is not aligned with the interest of the common shareholder such as me. I heard the words but not what was said. Now I'm awake and am seeing clearly. This last financing is pathetic. It's $2.50 because that's all they can get and the participants have no intention of holding on to their gift. The manner of the release was indicative of the chaos behind he curtain. Most recently we see a news release anouncing an offering of an unspecified amount on an unspecified date of an unspecified value. The very next day we are enlightened with the details.
 I don't know about you but I don't trust these guys at all. I own a ton of shares. I will be trading them and unfortunately so will many others. That is why we will never see the valuations we once belived were in the cards. Progress is met with dilution and then the upside is muted by the traders. Sad.