CGB 0.00% 2.1¢ cann global limited

Shareholders Q&A opens 1 of augusthttps:/www.queenslandbauxite.com/forum-1/q-a-forumhttps:/www.que, page-16

  1. 3,871 Posts.
    lightbulb Created with Sketch. 3205
    Thanks for reminding me why I'm so excited about these aquisitions, especially Medcann.

    The shares that are issued for MCL is not really an issue, you should be able to understand that under the current profit sharing structure that MCL is entitled to 45%.

    Once the shares are issued all it means is that the 45% profits will be paid in dividends instead, you can call it dillution but in fact it is nothing more than consolidation.

    To pay less would actually see Andrew entitled to less than his current 45% which like it or not is hardly fair.

    Bring it on.
 
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.