Should thank your lucky stars that you arent holding CAN, EPN, AGH, ZLD, RGI, CGB, AC8, ZLD, hard to find a cannabis stock on the ASX not trading at all time lows right now.
CAN trading at all time lows, in debt to probably $50 million at this point (36 mill last quarterly). Thats blown over $150 million on an indoor grow room, designed by Aurora (Canadian company that designed and supplied equpment and expertise for CANs facility ) this same company spent $260 million on this facility in Canada, and sold it for around $10 million.
Imagine that , a "state of the art greenhouse" selling at a 96% loss. Seems like would be better to be invested in cheap outdoor grows that are self sustaining rather than a company thats in debt and has a grow room thats going to be hugely energy intensive and labour intensive (140 staff according to CAN.) Could go into all the other stocks, like AGH who has a holder with 20 million thats starting to sell when there is only 600k on the bid in total. Etc, etc, is a tough time for cannabis stocks.
In my opinion ECS is the best bet in the cannabis space on ASX by a long shot.
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Last
1.6¢ |
Change
-0.001(3.13%) |
Mkt cap ! $20.61M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $4.191K | 278.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2868980 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 334325 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2868980 | 0.015 |
10 | 3567071 | 0.014 |
9 | 2389442 | 0.013 |
2 | 1050000 | 0.012 |
2 | 1225000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 334325 | 4 |
0.017 | 380558 | 4 |
0.018 | 745278 | 5 |
0.019 | 817874 | 4 |
0.020 | 954251 | 8 |
Last trade - 10.07am 10/09/2024 (20 minute delay) ? |
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