CGB 0.00% 2.1¢ cann global limited

Ann: Pause in Trading, page-57

  1. 996 Posts.
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    Does it really though?

    The company was suspended from trading until August 2019. So the 21 months of graph you show prior, are meaningless.

    And in the space of < 6 months, had a maximum of 0.5% of their market cap shorted.

    Flightcentre has 15% of their market cap shorted. Is this "shorters pushing the price down" or are the shorters there, because the market conditions foresee a decline in price.

    I wish i'd shorted CGB. 87.5c down to 2c, it would rank in my top ten investments. Alas, i have to admit i was sucked in by the hype, until i was underwater and it was too late.

    https://hotcopper.com.au/data/attachments/4707/4707883-da0a2d4528b50184120f0d6bd105804f.jpg

 
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Currently unlisted public company.

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