CGB 0.00% 2.1¢ cann global limited

Qbl looking a lot more healthy, updates are meant to be out this week, page-79

  1. 3,215 Posts.
    lightbulb Created with Sketch. 1884
    "... through repeated and relentless interrogative questioning posts"

    Fact is, that is the terrain that all public companies must traverse - be that good or bad. All publicly listed companies are open to scrutiny.

    I guess that 'relentless', 'interrogative', 'questioning' posts are not an issue for private companies. QBL is a publicly listed company.

    It follows that if companies come to the market with their 'cap in hand' looking for funds then it is entirely reasonable for investors and potential investors to undertake their 'due diligence' and this, indisputably, involves asking questions pertinent to governance and financial management / prudence. The standards of these areas of operation are crucial the health and growth of any company.

    For example, as a potential investor I would want to understand why the costs of those services provided by AGMPL (an entity owned and controlled by Pnina Feldman) to QBL increased by ~46% between the half year ending 2016 and half year ending 2017? The reasons for these exorbitant increases have not been provided.

    Could you help us all to understand why this occurred particularly when QBL are anticipating coming to the market seeking to raise capital (using the hard funds of others) at $0.08c at some point in the near future?
 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.