CGB 0.00% 2.1¢ cann global limited

65M shares sold by Glemoagle, page-69

  1. 5,817 Posts.
    lightbulb Created with Sketch. 112
    These threads get funnier all the time. What I am concerned about is the amount of punters who invest in spec shares and don't understand the machinations of the markets eg convertible notes, borrowing shares etc. This practise happens all the time. Big companies with deep pockets give money to keep these penny dreadfuls afloat.., Any sign of good news and they are gone. They are never around for the final whistle. Make their coin and then invest elsewhere at an early stage, convert and move on. Standard practise. No doubt though if there shares were not on the market we may well have gone higher but the market will do that in its own way. Just remember someone bought them.
 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.