CAN 4.76% 4.0¢ cann group limited

40c capital raising, page-12

  1. 7,092 Posts.
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    Yeah Marek, for those who been following the sector on the ASX for years, we have learnt the hardway who the real players are, very obvious that CAN have no idea how to run a business. I mean CAN had so much money and got nowhere with it in the perfect market conditions and even now are not adapting and are going down the wrong area of the business with cultivation being the focus. I guess we can watch the hardcore believers here watch their money melt away like it happened with EXL. Offering at .40, how much are they going to raise, and what are they expecting to do with it that they couldnt do with 150 million they had before, anyone new to the sector wanting to invest I would advise to steer clear of CAN and check out some better players on the ASX.
 
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