No-one will be selling because at 10 cents it would be a MC of only $25m and the cannabis industry in Thailand is going to be massive
Given we have only had a sweetener today, the full release should easily see a minimum open of 5 cents (MC $12m). CGB also have huge cash at bank.way more than current $4m MC.( Last price before suspended ).
The cannabis market coming out of Thailand would be globally worth Billions.
watching with intereste
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- Ann: Company Update and Request for Extension of Suspension
Ann: Company Update and Request for Extension of Suspension, page-28
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