Post by
drbob512 on Oct 23, 2020 9:03pm
Betw ATM & acquired cos. shares
I expect enormous supply for several more mos. or qtrs, putting massive pressure on stock price such that every time it rises 1/2 cent, it gets sold off. Even with the dilution from the 10-12 acquisitions, i never thought it would go to 2.75 or 3 cents AGEEF. Now i can see it going to 2.0 cents or lower, until some real demand comes in, perhaps in 1-3 mos. when Bophelo financing comes in. Halo hired marketing & PR firms to promote Halo & paid them in stock. Cant say they have done any good. In conclusion, betw ATM & enormous dilution, Halo AGEEF price may stay under 5 or 4 cts until 2021. Patience, patience & more patience to see if Bophelo is successful and if Halo price can ever recover. Remember that Kiran & his executives get paid in stock so at least they are not sucking the company dry with huge salaries & cash bonuses.
Comment by
sollmg on Oct 23, 2020 10:17pm
the house totals show that people are buying into Kiran's story. It's just at present why buy into the ask when you can sit on the bid and get filled
Comment by
ACBMADEMERICH on Oct 23, 2020 11:21pm
Don't get me wrong I believe and have confidence in Kiran's vision and plans, but executing everything is another thing. Some of the big players that like Lesotho but pulled out of Lesotho may see Halo as an attractive target at some point. Halo is setting the course in Lesotho as nd vv others are watching.
Comment by
drbob512 on Oct 24, 2020 10:04pm
iirc Canopy Growth left Lesotho last year. Do they know something Halo doesnt know or did they just need to cut back on their spending? In any case, all need to see financing for Bophelo in next 3 mos. or so. C'mon, Louisa, use hour stature & skill to get it...