CGB 0.00% 2.1¢ cann global limited

I see nothing in this report that gives me any confidence that...

  1. 298 Posts.
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    I see nothing in this report that gives me any confidence that this business will ever turn a profit. Too quick to spend money on things that add no value to my holdings.

    They have spent the new capital like my kids spend their allowance, straight away and on the first shiny thing they see. No thought for return on expenditure.

    I still have a substantial holding and wish this company would focus on revenue so that funding research was sustainable.

    I've said this before, but their first and only objective should be to turn their first $1 profit so they stop coming back to the market with their hand out.

    New leadership definitely required.
 
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Currently unlisted public company.

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