CAN
Click for more information
2.70% 3.6¢ cann group limited

I don't think it's amazing that they burnt $300m, all...

  1. ChopsInOz
    100 Posts.
    lightbulb Created with Sketch. 12
    clock Created with Sketch.
    23/06/24
    14:23
    Post #: 74446134
    I don't think it's amazing that they burnt $300m, all though that is shambolic and a reflection on terrible management capability.

    If you look at the Balance sheet Dec '23 to April '24, another $10m down. Produced 700kg last quarter. The spending has not stopped and the board is not being upfront with investors where that money is going.

    $10m on its own should easily buy that capacity and more.
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

IDA Indiana Resources to win US$90M from Tanzania following international lawsuit
right-arrow Created with Sketch.
NEWS Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?
right-arrow Created with Sketch.
ABY Adore Beauty appoints former David Jones exec as new CEO
right-arrow Created with Sketch.
DEG De Grey sees more production at Hemi with latest drilling at Crow, Aquila
right-arrow Created with Sketch.
MTL Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
right-arrow Created with Sketch.
RHK Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Last
3.6¢ 		Change
-0.001(2.70%) 		Mkt cap ! $17.27M
Open High Low Value Volume
3.8¢ 3.8¢ 3.5¢ $39.78K 1.109M

Buyers (Bids)

No. Vol. Price($)
3 165448 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 71474 2
View Market Depth
Last trade - 12.42pm 30/07/2024 (20 minute delay) ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.