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Bullboard - Stock Discussion Forum Neptune Wellness Solutions Inc NEPTF

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and... see more

GREY:NEPTF - Post Discussion

Neptune Wellness Solutions Inc > No need to raise capital for the rest of year.
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Post by goldstory on Aug 12, 2021 2:27pm

No need to raise capital for the rest of year.

This means that they need to raise the capital first thing in year 2022, doesn't it?
Comment by Sopranos1 on Aug 12, 2021 3:03pm
Someone is dumping large..i expect a short play from one of their finaciers for the next week or two..Expect 1-2 cent moves either way for the next ........
Comment by Sopranos1 on Aug 12, 2021 3:27pm
Hopefully they do raise capitoal first thing 2022..just like this past Feb, they moved it up large, before fk'ing everyone ..so be ready for exit ..news will come exit same day, next day offering..watch.
Comment by goldstory on Aug 13, 2021 9:22am
They have to raise.  Unless this company can't sustain.    They said the profitability on cannabis operation comes 18-30 month after, which means that they have to raise at least 100M.
Comment by Sopranos1 on Aug 13, 2021 9:47am
they said no offering this year, lets see if this pos ceo keeps his promise..anyways, any offering , 9/10 big news to pump ..just be ready for exit.
Comment by goldstory on Aug 13, 2021 12:02pm
Not this year, but they have to raise early next year.    Tony kept saying no raise this year, but I bet they are working behind for the next year raise.
Comment by Sopranos1 on Aug 13, 2021 12:59pm
CEO has to go!! Buyout of the company would be nice to stop the freefall in share price.
Comment by Weeble on Aug 13, 2021 7:33pm
Be careful what you wisht for.   If the CEO or Moretz left, they would start selling their stock and then shareholders would be in even more trouble.   I really doubt this happens. The analysts seem to be focusing on the cannabis section not being profitable for a long time and whether they need more financing.   It has been grim and this could be a long term buy now ...more  
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