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0.00% 2.1¢ cann global limited

Ann: Company Transformation Announcement, page-74

  1. Tomasp
    1,311 Posts.
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    20/06/18
    22:10
    Post #: 33840741
    This is brilliant news...

    but is it just me that's a little scared at 3bil shares on offer after this? Such a massive amount of shares issued really isn't a good thing is it.... Now given MC is calculated on the total number of shares, if we were saying QBL was worth being a $400mil MC company which was about 30cents per share, will now be only 15c a shares...

    Which means what you hold in your current parcel is worth less? Really hope I've got something wrong?
    QBL Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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