CGB 0.00% 2.1¢ cann global limited

Ann: Preliminary Final Report, page-33

  1. 3,213 Posts.
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    It staggers me that an investment can simply lose close to ~8 1/2 10ths of its value from the 'company transforming' blah, blah, blah and there's still a few people yabbering on about its value. What??

    Preliminary report - Annual report - Cap raises - con notes - SP has absolutely crapped itself ... where does it end?

    Accumulated losses exceed 35 million - that's ... $35,000,000.00 (HY Financial Report) and they screech about a pitiful amount of 'receipts'. I simply don't get it!

    Oh well ... if you feel down about it just have a chat to someone from the company ... that ought to do the trick.

    And FYI - if you bought in through the 'company transforming' blah, blah, blah for 3.5c (which initially was going to be 8c - that was a hoot) the SP will need to appreciate by a mere 600% just to break even.

    And let's not even bother discussing opportunity cost. biggrin.png
 
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