CGB 0.00% 2.1¢ cann global limited

Ann: Notice of General Meeting/Proxy Form, page-93

  1. 3,082 Posts.
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    Hi@Basilius,

    Hope you are good & not too fazed by some of the harsher statements.
    I don't think people are angry at contrarian views but more to point views made to look like fact that just aren't..... like your next post around the oversubscription as a good example. It happens too many times where facts are twisted or not backed up with real links or research like there is some sort of agenda to discredit the company!

    Confirmation bias
    https://www.forbes.com/sites/peterlazaroff/2016/09/28/confirmation-bias/#271e27e84b7d

    "Investors tend to gather confirming evidence when making investment decisions rather than evaluate all available information. The impact of confirmation bias is even stronger with an existing belief since you are more likely to quickly accept evidence that supports that existing belief and closely scrutinize evidence that challenges it.
    "

    OK, should myself & others now be convinced that this relates directly to you due to your current focus & inability to provide or discuss your views on the actual people & businesses combined under CGB as previously promised? You know...the type of things that make up much of "all available information".

    My strategy is to check announcements then google any & every name I can find that might lead me to some extra detail. If in an industry I don't understand I make comparisons with peer companies in the same sector. Personally I think management have been astute & very busy to put together what they have & could only imagine the complexities along the way like pricing the individual businesses & share allocations with so many in agreement to give over mostly 100% of their businesses away for their CGB shares as 1 example. I highly doubt they would have done this if they weren't convinced they were going to do something special & achieve some sort of success as a first mover like MCL have in pushing to be the biggest & best in hemp foods in Australia in such a short time before actual changes in the law by November 2017.

 
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