CGB 0.00% 2.1¢ cann global limited

Just my thoughts, page-40

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    I am ok with the harvest forecast and reasons missing it but also explains why share price down here partly. I was more giving explanation that share price reflects lots of variables including having a clear strategy that is understood by the market, the market liking that strategy and the ability to execute that strategy. I won't sell because they missed the harvest forecast but I will consider selling if I don't have clarity on their strategy and if over time they continue to fail to deliver on it. The latter is not so much the issue at this point as we are just not getting good comms which pulls everything together from a bigger picture perspective which is extremely disappointing. I personally think most investors won't be selling because of the missed harvest forecast if understand early days and major drought experiencing. But they won't hold or moreso new investors buy in if lack of clarity on their value proposition, their strategy and how it fits with the market opportunity and clear milestones and plans to execute on the strategy. Really peeved they are so amateurish to not present this sort of picture for investors which continues to cause me concerns about this company.
 
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.