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0.00% 2.1¢ cann global limited

T12, page-4

  1. jantimot
    30,924 Posts.
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    04/06/19
    14:29
    Post #: 38900875
    Yes, they’ll be consolidated through MCL.

    But what will the bottom line be? MCL are acquiring T12 for $757,000, for which they get net liabilities of $48,000 (page 68 of the 30th May good news announcement). In other words, they are buying a company with net losses to date. In the company Transformation announcement of 20th June 2018 CGB included a couple of years’ accounts for both MCL and Medcan. If they’ve done that for T12 anywhere, could someone point it out because I’ve missed it?
    CGB Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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