CGB 0.00% 2.1¢ cann global limited

A question for the knockers, page-95

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    DC,

    The concern with such a large majority holding by company directors is that they can easily profit from the an announcement that they know will be coming, by selling a large stake at a high.

    The SP will then drop as a result, and they may reinvest after the fall.

    Another small cap family-run business did the above last year. The brothers sold 30% of their stake and made $9M each when the SP was above $0.30. The SP prior to a few announcements was only $0.02 and now the SP of that company is sitting around $0.07.
 
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Currently unlisted public company.

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