CGB 0.00% 2.1¢ cann global limited

QBL woolies or coles, page-29

  1. 3,871 Posts.
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    Thats fair, I'm focused on the hemp atm. Keen to see them harvest 20 tonne of seed & see it as a packaged product. If they can successfully tick this first box, hopefully supply contracts & strong sales will follow. The bauxite offtake would be great but I'm not getting my hopes up, just quietly aware there is some possibility of this been pulled off but makes up about 5% of why I remain invested. The mm aspect of the business is a wild card but again, probably makes up 25% of my decision to hold. This leaves me 70% of why I invested resting on the hemp. If the hemp is successful it will allow them cash flow to further establish mm components & also structure the business correctly like you said. The share is not without it's risks but probably fairly valued to reflect this. If investors are still nervous about entry point & risk I guess waiting until after 1st harvest or a supply contract may be a good tactic but I wouldn't wait any longer if this is ticked off. Time to be patient & see what march brings. Feel free to take a look at ton if you have time mate & let me know what you think. Currently holding a fair swag & next 3mths should be very interesting.
 
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