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Gotcha! Oxford Cannabinoid, the crazy name Warwick Philosopher gal clearly did not do maths

By Tom Winnifrith | Wednesday 8 May 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

My most recent explicit warning that Oxford Cannabinoid (OCTP) was, to use the technical term, utterly fucked, was on 15 February with the shares at 0.51p just AFTER it completed a £1.1 million placing and £500,000 death spiral loan issuance. CEO Ms. Clarissa Sowemimo-Coker might have a degree in Philosophy from Warwick University but she’d struggle to get into Bath Spa to do basic maths.
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