CGB 0.00% 2.1¢ cann global limited

CANNTAB IS GO, page-20

  1. 641 Posts.
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    Majority of this is irrelevant and laughable nonsense.

    The fact you can divide $1 billion by the SOI and get 19c, doesn't mean there's a logical argument for it being achieved.

    How about some real financial metrics?

    What would they need to make in the way of PROFIT and on what cap rate to get $1bn valuation? And have they ever provided guidance?

    Stop scapegoating the excuse that others 'shouldn't be trusted' because they don't ramp this to the moon, and let's hear some rational commentary, please.

    Cut the generic 'I believe xx because of trends' and look at hard numbers for THIS COMPANY. How much would they need to turn over to make $1m PROFIT, for example? Nobody else knows this because none of us know the cost or sale price definitively. Be interested how you'd figure this out.

    If Canntab is your saving grace, I would be curious to know if you've invested directly into them? They hold the master formula / patent after all..
    Last edited by Luke164: 17/10/21
 
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