CAN 4.55% 6.9¢ cann group limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,570 Posts.
    lightbulb Created with Sketch. 2929
    If you could read a financial statement you would see its clearly 2.5 million for murray meds, of which they paid 1 million and using latest raise to pay the rest. Seems quite good value for a company that is cultivating more dried cannabis than CAN when CAN is valued at 100 million.

    Quite good value isnt it, just small fries compared to just one quarter of staff and admin costs that CAN pay out, thats another comparison I should put out.

    CAN: Average quarterly staff and admin costs: $3.19 million a quarter
    ECS: Average quarterly staff and admin costs: $537k a quarter

    CAN are spending 6 times more a quarter on their staff and admin. The management there certainly earn it, I mean after 4 years and 150 million raised, to be in debt, and producing less than a small cultivator in Melbourne valued at $7mill. of course they earn their salaries :S

    Any metric than CAN actually favourable compares to ECS on?
    Last edited by amb005: 03/11/21
 
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.003(4.55%)
Mkt cap ! $32.33M
Open High Low Value Volume
6.5¢ 6.9¢ 6.3¢ $45.3K 702.5K

Buyers (Bids)

No. Vol. Price($)
2 67000 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 11167 1
View Market Depth
Last trade - 15.39pm 04/10/2024 (20 minute delay) ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.