RE:RE:RE:RE:Auxly trading pattern All lips are sealed on the status of the much awaited packaging equipment for Kolab Project. Fingers crossed... 6 extra months has been long enough! FFS!!
As for I.B., the interest on the debentures comes due annually on Dec. 31.
https://www.globenewswire.com/news-release/2019/07/25/1887830/0/en/Auxly-Welcomes-123-Million-Investment-and-R-D-Partnership-with-Imperial-Brands.html
That interest can be converted into shares at a price equal to the five day VWAP by exercising the 'Interest Conversion Election' option made available under the amendment to the Imperial Brands Debenture agreement.
https://auxly.com/news/imperial-brands-and-curative-cannabis-update/
I'm suggesting that AUXLY's current SP might have something to do with Imperial Brands' right to convert the interest on the debentures.
I could be wrong but ya gotta admit, $0.19 is ridiculously cheap !
Happy holidays mates!!
cheers