They had first mover advantage + cash, had all the opportunity on their plate, there was no point building the facility here, had heaps of data of how the facilties made 2 years prior were doing in a better regulatory enviornment in Canada, and that is not great, yet they still went ahead, they really messed up.
Amazing to think around $300 million has been spent by CAN, their market cap now is not even $16 million and are trading at all time lows, some people got very rich from it all, but not shareholders, mainly management, directors and the contractors they used.
Ann: Application for quotation of securities - CAN, page-12
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3.2¢ |
Change
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Mkt cap ! $14.25M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $11.98K | 372.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 216968 | 3.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 406041 | 3 |
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