CAN 4.55% 6.9¢ cann group limited

Ann: Appendix 4C - quarterly, page-30

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  1. 2,682 Posts.
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    I rang Cann this morning and spoke with their investor relations guy.

    The key message was that they are currently attempting to put in place the best possible options to fund Mildura and to ensure they have the working capital they need.

    They will announce their funding arrangements when everything in finalised probably in two weeks

    There is no concern that funding cannot be negotiated rather they need to get the best terms and select the best possible options.

    They believe that market actors speculating has led to an unnecessarily negative view on the financing and has affected the share price

    So sounds ok to me.


 
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