CGB 0.00% 2.1¢ cann global limited

Ann: Update on Resumption of Trading, page-82

  1. 2,498 Posts.
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    Unfortunately QBL is perhaps not the ASX priority and they have probably hundreds of other company's documentations to go through but they as a listed public company themselves have an obligation to do their job as required.
    The ball is now on the ASX's court and as stated in QBL last statement QBL management will inform the market once they hear from the ASX.
    Nothing much we can do as share holders but wait and wait and wait.
    Nothing in life is simple/quick and in many cases good things come with time but things that take a long time are not necessarily going to be good either.
    Traders/gamblers/speculators need to manage their risk and expectations as things rarely happen the way we want it to be.

    I remember FMG as a great success story and the SP was at 5 cents in the early 2000 but it hit almost $12 in 2008 and that have made lots of people very rich, at some stage there were lots of people saying they will never ever make any money and lots of people did not have faith in Andrew Forest and even today there are people who still don't believe in FMG but fact remains FMG is one of the biggest and most profitable iron ore producers in the world today.

    I would not dare to make a comparison here but it shows anything is possible in the market and having an open minded attitude sometimes helps.

    There are always risk in trading QBL but so in BHP and AGL we traders need to take responsibility in our trades and can't blame companies or others in our trading results.
 
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Currently unlisted public company.

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