"Your optimism is based on nothing tangible"
what about the big state of the art facility that has been built... is that not a tangible thing to channel optimism into?
What about the phase 3 trial? Was i not allowed to be optimistic about that? I have changed my position based on the results now.
what about the research that had been undertaken to develop the most productive strains for cultivation? No optimism allowed there?
I don't understand why you think i shouldnt express any optimism for CAN.
The SP is at all time lows right now im well aware. But im interested to see them put the "overpriced warehouse" through its paces to see what economies of scale and automation can do to Operating costs. We havent had a quarter without construction costs or clinical trial costs yet. Until this happens, all we can do is speculate on the financials of the company in purely operational state. At this stage CANs financials dont look good. Lets see if they get better or worse.
- Forums
- ASX - By Stock
- CAN
- Ann: Half year results presentation
Ann: Half year results presentation, page-68
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $17.74M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $3.023K | 78.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 308137 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 166529 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 308137 | 0.037 |
3 | 207592 | 0.036 |
6 | 646502 | 0.035 |
1 | 150000 | 0.034 |
3 | 181212 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 166529 | 1 |
0.039 | 13711 | 3 |
0.040 | 1456044 | 3 |
0.041 | 1290 | 1 |
0.042 | 435689 | 3 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |