CGB 0.00% 2.1¢ cann global limited

Ann: Company Update and Request for Extension of Suspension, page-29

  1. 1,587 Posts.
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    @sharebroker1 If they can do 4 crops a year that will give them the biomass to work with. if they can do 3 crops well that would also be a huge achievement

    https://hotcopper.com.au/data/attachments/5679/5679937-262d63fe048bd1c60073ba5e7c40ad18.jpg


    What products will they produce? and can they do it profitably?

    Im really happy that they are based in Thailand as there is likely a much better chance of profits and a return/dividends for shareholders.

    I think the BoD has taken on board shareholders feedback as they mentioned and will keep remuneration reasonable and industry mid range.

    Sholom would have a lot better understanding of the industry now as we all do. I have confidence in the BoD that things will be a lot better moving forward with a laser focus on profits and quality.

    Its going to take time unfortunately, plants need to grow, but if they can get things humming by the end of 2024 I will be pretty impressed.

    We still need to see how much meat is on the bones and where the pieces fit into the Company's Business Plan moving forward

    How much is "Mass Amounts"?

    Nice to see we are moving forward in a positive way smile.png






 
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