CGB 0.00% 2.1¢ cann global limited

Ann: Cann Global Completes $1.8M Share Placement, page-48

  1. 766 Posts.
    lightbulb Created with Sketch. 167
    Thats right at 5800 3.5c was going to be $203m cap now at 6400 its going to be $225cap

    But its still going to 3.5c thats caps mean nothing because 3/4 ASX listed companies cant even explain the caps
    all even some cases their price

    At end of day it comes down share price what a bidder is willing to pay

    Look at Tesla Trillion m/cap explain that way over board but people are willing to pay fore those shares
    so gives them Trillion dollar cap

    It all comes down to what people are willing to pay for those share that s where cap comes in play

    Most people look at the share worth buying bargain hunters do that thay hop about m/cap

    Zess


 
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