CGB 0.00% 2.1¢ cann global limited

Good for you.... you shouldnt be investing in shares if you cant...

  1. 31 Posts.
    Good for you.... you shouldnt be investing in shares if you cant read and understand what the notice is telling you. Gleneagle sold shares to pay for the conversion of their bonds to shares @ cost base of 2c. Its like ppl who hold Shares and options in the same company... Share goes up they sell their shares to pay for the options they hold alot more of converting at a lesser price.

    JIMHO of course.... if they sold the rest where is the ceasing to be Substantial holder?

    Column 1 Column 2 Column 3 Column 4 Column 5
    0 03/06/2014 - 8,000,000.00 $ 201,751.00 - 0.025
    1 04/06/2014 - 34,500,000.00 $1,105,552.00 - 0.032
    2 05/06/2014 - 9,000,000.00 $ 243,532.00 - 0.027
    3 06/06/2014 - 6,000,000.00 $ 182,258.00 - 0.030
    4 10/06/2014 - 7,500,000.00 $ 261,688.00 - 0.035
    5 Total Sold - 65,000,000.00 $1,994,781.00 -$ 0.031 Average SALE price per share
    6 10/09/2013 12,500,000.00 $ - -
    7 10/06/2014 39,000,000.00 $ 780,000.00 0.020
    8 13/06/2014 57,746,301.00 $1,154,926.00 0.020
    9 Total Acquired 109,246,301.00 1,934,926.00 $ 0.02 Average BUY price per share
    10 NET 44,246,301.00 STILL HELD AS AT 17/06/14
 
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Currently unlisted public company.

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