What I want / need to see in the next 2 weeks from Namaste
1) First of all, they need to announce that the PP is closed. When it was first announced, it said it would close on or about Oct 26 (and the rumours it would close earlier) and now it is overdue. Maybe there are good reasons for this, but it just needs to be closed, and be closed at the announced pricing. This announcement needs to come out tomorrow, or by Tuesday at the latest.
2) To give the stock some positive momentum, Namaste needs to announce some progress on the partnership / revenue front. Either an update on when N's products will be available on the ACB site (which had better be soon, if the products are to be there before Christmas buying), the announcement of a new partner, or something similar.
3) October's revenues need to be announced on time in early November, and they have to be at least $1.5 million - to beat August's number and to get on track after September's lower than expected revenues.
Those three things all need to happen in the next two weeks (more if possible), and hopefully then the share price will rebound, at least a bit.
From there, we still need an update on the CannMart building progress, the CannMart license process, more hardware listing partnerships, and maybe even the TSX-V listing (although I am sure that N will say again that this needs to be re-done / updated once / if the CannMart license is granted, to we may not see the uplisting for some time unfortunately.
I would like to wake up tomorrow to see the announcement of the PP closing, or at least an update on it since it is past the expected date.
BB