CGB 0.00% 2.1¢ cann global limited

QBL - Price estimate 11-17 cents - Flying to the moon on Hemp and Medicinal Cannabis!, page-19

  1. 2,164 Posts.
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    The half yearly is due 16th of March or so as well.

    Has anyone ever seen a company give out an interim dividend not based on profit to December but known profit jan - mar.

    So they have $8.9m in cash they spend $1.5m on a .1 cent dividend or share buy back. Knowing it will be back to $8.9m shortly for example.

    In terms of share buy back at current prices $1.5m will remove 28m shares and would possibly raise the price more than a .1 cent dividend.
 
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Currently unlisted public company.

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