CAN
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1.89% 5.2¢ cann group limited

Ann: Secures Institutional Funding Support for Working Capital, page-17

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  1. Corgi
    2,578 Posts.
    lightbulb Created with Sketch. 1829
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    07/02/20
    11:48
    Post #: 42799738

    Spot on, some panic selling, volume movement low. Some good buys around the $1.20-$1.40 mark.

    The CN will be used as equity to satisfy the Facility Agreement for Mildura Imminent.

    Guys please do the maths, the information is all there,

    • Funding expected Q1 2020 - mix of debt and equity (feb announcement)
    • The CN is essentially in imminent effect
    • The value of the CN & current Cash correlates with the typical Loan to Cost Ratio (80/20)
    • There is even a subtle mention the announcement as to what the CN correlates to


    CAN Price at posting: $1.25 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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5.2¢ 		Change
-0.001(1.89%) 		Mkt cap ! $24.37M
Open High Low Value Volume
5.3¢ 5.6¢ 5.2¢ $9.599K 177.4K

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No. Vol. Price($)
1 236 5.2¢
 

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Price($) Vol. No.
5.4¢ 3654 1
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