CAN 10.3% 7.0¢ cann group limited

Ann: Cann granted GMP licence & other regulatory updates, page-17

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  1. 79 Posts.
    lightbulb Created with Sketch. 34
    Hey noodles, indulge me, after leaving your money in the company for four years what made you finally decide enough was enough, to take a large loss.

    Was it not worth a hold for a final pump with the commissioning of Mildura etc, worldwide legislative changes etc. Don't get me wrong if you invested originally during the hype year (2018) you would still lose a bunch.

    Just genuinely interested why someone would take a significant loss rather than hold for four more years on the chance it bounces. I have never sold on a down turn in ten years of trading and have always eventually made a profit, it might take 5+ years but it happens.
    Last edited by Stickywithmicky: 25/01/22
 
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