Chalice Brands Ltd CHALF

RE:Would love to hear opinions.

[GideonO]

I believe its possible, with coming changes to legislation I think we could see a large increase in Mergers and aquisitions as bigger players consolidate to gain bigger footprints.


that said, personally I'm hoping they don't as I suspect we could see a fairly good run on the sp this year.

given the size of the float right now if someone was doing a for share takeover it would likely be a pretty small converstion on our current shares.  a growing share price gives the shareholders a better ratio on any conversion if it was to happen so lets hope they continue to grow - insiders buying larger positions helps maintain control over a potential hostile take over as well.