CAN 2.22% 4.6¢ cann group limited

Ann: Fully underwritten $60 million capital raise, page-55

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  1. 1,178 Posts.
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    Not many actually. Indeed I was rather surprised at the very low number of just a few thousand, . At least according to a company release. Whatever, the proportioning of just the top twenty shareholders owning about 70% of the company, as of mid year, now appears to have increased to beyond the 70% as a result of this cap raising. Also, with events moving along in Canada as they are, it seems that CAN sales into that market, via Aurora, are going to produce very handsome profits compared to those factored by the company with the local market in Oz.
 
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