CAN 7.89% 3.5¢ cann group limited

This stock makes no sense. Dodgey mkt release blaming...

  1. 22 Posts.
    lightbulb Created with Sketch. 4
    This stock makes no sense.
    Dodgey mkt release blaming manufacturing.
    Turns out to be nothing to do with that
    Bad fin systems and check and balances.
    Major co with $millions in the bank and it wires $3.6m to the wrong a/c???
    Nice use of my money folks!
    BUT....
    Stock jumps up $0.20!!!

    Plus., they claim $15m rev for the financial year and only record $99k for the qtr???????
    They must know something and are not disclosing it!! They have to, otherwise surely they need to put out a note about the $15m target?
    4.5 months to do and you need to pull in $14.8m???? They must know by now whether this is a possibility?
    Can anyone help me understand this, or should i start smoking what they're trying to sell?

 
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
-0.003(7.89%)
Mkt cap ! $15.59M
Open High Low Value Volume
3.6¢ 3.9¢ 3.5¢ $55.40K 1.511M

Buyers (Bids)

No. Vol. Price($)
10 751164 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 8484 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.