CGB 0.00% 2.1¢ cann global limited

Current SP, page-1829

  1. 1,311 Posts.
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    Reason I didn't sell is all of those points I previously described, I believe will happen over the next year. All stocks go up and down, and the fundamentals/news pipeline looks too good to sell IMO.

    What have they delivered in the last 5 years?
    (1) - Achieved the MDL
    (2) - Bought into hemp food prior to approval- and now have a fully vertically integrated company from seed to distribution. The manufacturing, packaging, distribution arm already has revenues from their existing contracts so at least its SOME money coming in.

    Is it a speculative company? YES. But IMO the steps and everything the company has gone through in the last 6 months or so, IMO shows a transition from a speculative stock to one in it's very early infancy. Based on this I would not (and have not) sold... There is way too much good news in the pipeline still to consider selling.

    As for selling and then buying in again, I'm not a trader. Some people may make some money doing this, but the vast majority of traders end up eroding away their profits. I'm happy to just sit and hold
 
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Currently unlisted public company.

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