CGB 0.00% 2.1¢ cann global limited

Ann: Resumption of Trading of QBL, page-36

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  1. 1,376 Posts.
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    TransactionS. acquisitionS, complex, significant... this may make my 100% on open day prediction look ridiculous.

    Seems to me BHC acquisition with a trade / transaction with biomed THC. Potentially, a trade of IP from MCL to Biomed as part of the deal. LIKE IT A LOT. Would be a way to value that IP.

    What's the other acquisition then? If I was a punter, i'd bet on acquiring shares in the new cannabis production spinoff in south american that AEB is building (see today's ann). AEB is following a very similar model to QBL, in regards to their main business and then their MC division, albeit a different ownership structure. There is something somewhere there.

    And then, when this ann drops, what's the impact on capital structure?

    My bet is a release after close, it'll be a huge ann, so the asx will do that to ensure a level playing field.

    Not sure what the point would be of resuming trading for 30Min.

    Good to know by Monday (is it a bank holiday everywhere in AUS?) or Tuesday this will be trading once again!
    Last edited by SorryNotOZ: 08/06/18
 
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