XAO 0.99% 8,153.7 all ordinaries

LSH is looking very interesting for the more adventurous out...

  1. 1,443 Posts.
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    LSH is looking very interesting for the more adventurous out there~

    Market: Telephone health & cannabis space

    Key points:

    Niv Dagan of Peak just upped his stake with a biggish buy on market.

    Chairman too with an on market buy albeit modest.

    Close to 30% of shares out of escrow last Friday and no one's sold so far.

    Directors are now all set with their options at 20cents.

    Upcoming show end of Jan to promote their safety vapor (log in pin number & fingerprint required to use plus Doctor has power to overide) might be ignition to get things moving.

    Close to 3 million in the bank and low cash burn so a CR likely off the table for years at present burn.

    Market capital only marginally above that, so effectively a shell with some tech assets if it is a flop.

    Very low SOI with little liquidity so could really fly if the vaporizer can nail first mover advantage.

    Current price: around 7cents~

    Major selling point: safety & health
 
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