the comparison of THC with CAN is not good, THC revenue was from the sell of equipment of its existing business and the cash generated is not from weed so has no significance, while CAN revenue is purely from Cannabis which is a milestone for CANN and Australia weed industry.
The reasons why CANN is much more valued than THC are simple, 1) THC has 199millons of shares fully diluted, while CAN only have 142millon fully diluted, 2) THC after the CPR only have $6m cash so basically has no money to develop it's plan, while CAN has $62m cash in the bank and only need another 50% to fund its plan, which is far more easy to find a banker because it has enough equity to do so.
- Forums
- ASX - By Stock
- CAN
- idt license approved
idt license approved, page-27
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.0¢ |
Change
0.015(33.3%) |
Mkt cap ! $28.11M |
Open | High | Low | Value | Volume |
4.8¢ | 6.3¢ | 4.8¢ | $200.7K | 3.690M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6563 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 22466 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6563 | 0.060 |
1 | 12500 | 0.058 |
1 | 179634 | 0.057 |
1 | 40701 | 0.056 |
2 | 169060 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 22466 | 1 |
0.064 | 167218 | 1 |
0.065 | 831157 | 3 |
0.069 | 7856 | 1 |
0.074 | 3000 | 1 |
Last trade - 15.57pm 27/09/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |