Post by
unplugged1 on Apr 12, 2024 7:55pm
price being completely controlled held down.
anyways..interesting excerpt from the latest q4/Full year comentary by D.Pidduck that's particularlily interesting..
'we are now running both companies for almost 10% less than the cost of running MediPharm stand-alone in 2022. 2023 saw extensive restructuring that exceeded our VIVO synergy targets. Some of these synergies occurred later in the year and are not yet fully reflected in our annual or Q4 results.
--------
Looks like we're going up, eventually, lots of institutional hoarding as always/accumulation.
Comment by
Macpoor on Apr 13, 2024 9:32am
Unplugged1 , would you please show us the name of institutions and recent transcation in gerneral. That would be encourging to see . Thanks
Comment by
Olaf123 on Apr 13, 2024 11:01am
On the other side, it keeps companies disciplined. If they raise money, they diluted themselves much more. I think this is why they are called virtu. Personally, like I said before, i'm still accumulating bit by bit, when I have money around.
Comment by
Lvlchange on Apr 13, 2024 9:22pm
Let's face it. We are all holding the empty bag. Just gotta see $$ other wise we are done. It's simple.
Comment by
Starkicker on Apr 13, 2024 10:49pm
Hate to say it, but Big Pharma has little interest in medical cannabis. If you've been following recent purchases, Big Pharma is buying up nuclear medicine opportunities and radiopharmaceuticals for cancer treatments. Even psilocybin is getting some play. Cannabis isn't on their radar. LABS gonna have to find a way ro make money on their own.
Comment by
Solid1 on Apr 16, 2024 3:24am
You also have to realize that this kind of manipulation is only possible because the management team has been keeping a very low profile for years. There is hardly any information worth mentioning, especially in the pharmaceutical area, and I don't know whether Labs is still fulfilling its duty of disclosure or not
Comment by
Starkicker on Apr 16, 2024 10:15am
I wish I had a dollar for every time a small cap CEO said their SP should be higher...lol. Make some money and it will go higher. That's it that's all.
Comment by
QContinuum1 on Apr 16, 2024 12:06pm
LABS does not have any late stage trials that will commercialized any time soon. Simply look at the MD&A and LABS tells you all you need to know about that aspect of the business. If we're waiting for that to happen, we're all going to be waiting a VERY long time.
Comment by
Olaf123 on Apr 16, 2024 1:13pm
I also had that interrogation about who is going to pay for all these trial. In a previous Earning call, they address that. It is all paid for and not a worry for our cash reserve. Patience guys, if they make money, the price will follow.
Comment by
Solid1 on Apr 14, 2024 4:21am
And because there is so little interest, all laws are changed so that the big pharmaceutical industry benefits the most.
Comment by
Macpoor on Apr 14, 2024 6:52pm
Thank you guys! Hope we see better days ahead of us! Cheers