CGB 0.00% 2.1¢ cann global limited

QBL woolies or coles, page-28

  1. 4,286 Posts.
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    Dividend was one aspect and prob the last straw but some of the worst stuff I’ve seen was after I sold.

    It would honestly take a lot for me to feel comfortable holding any decent sized position after seeing what I’ve seen.

    It would take some really substantial sales figures along with an operational bauxite mine and a complete restructure of the company from an organisational perspective as well as a clear business plan and timeline. Also depends on what their competitors do and just how much the general public take to their hemp foods.

    Lots of other companies have received their licences and these guys are still waiting on theirs re mm licence.. it has been coming ever since I’ve been tracking them. So that really needs to happen ASAP. The longer it goes on the less faith I have.

    I’m happy to watch things unfold for now and I’m really comfortable with my decision to sell off tbh.

    Amazing to be watching from the sidelines.
 
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