Labat Africa (JSE: LAB) share price, discussion & sentiment

LAB at R0.02 is basically priced for the company to go bust. cultivation licence still pending, no meaningful revenue, cash burn is real. who's actually buying here besides bag holders hoping for a miracle.

LAB AT R0.02 IS CRIMINALLY CHEAP WHEN YOU LOOK AT WHAT THEY'RE BUILDING IN THE CULTIVATION SPACE!! EVERYONE SLEPT ON THIS SECTOR FOR YEARS BUT NOW THE LICENSES ARE LOCKED IN AND PRODUCTION IS RAMPING. LOOK AT WHAT TILRAY DID IN CANADA, THIS IS THE SAME PLAY HERE IN SA AND WE'RE GETTING IN AT PENNY STOCK PRICES!! BEST IS YET TO COME!!

LAB at R0.02 is basically play money at this point, but the medicinal cannabis angle in SA could actually work if they get the licensing sorted. Problem is execution, not the idea. Reckon we're waiting to see actual revenue before anyone jumps back in, GLTA.

nah look, LAB at R0.02 is literally pennies but the cannabis play in SA is still early, regulatory framework keeps tightening which is actually good for legit operators like this. if they can scale cultivation and get distribution sorted before the big players pile in, theres proper upside here, but rn its a waiting game on execution, not hype.

R0.02 bounce incoming, mark it

Come on boys push it up

R0.02 lol, who's buying this

algos taking it down again, classic move on a Friday

LAB collapsing 25% on a single session suggests positioning unwound rather than fundamental deterioration, though the cannabis sector remains structurally challenged by regulatory uncertainty and margin compression across licensed producers. Given the EM risk-off backdrop amplify

LAB getting hammered 25% today is concerning from a supply chain lens, but the cannabis sector's logistics infrastructure is still nascent in SA and whoever executes distribution efficiently will capture disproportionate value as the industry matures. The real question isn't the

LAB dropped 20% today to R4.00, ouch. Wonder what spooked the market, is this a buying opportunity or should I wait to see if it finds a bottom?

LAB stuck at R5.00 with zero movement today is telling me the market's lost patience. Cannabis sector here still feels like betting on a promise.