CGB 0.00% 2.1¢ cann global limited

Ann: Board Changes and Directors Interest Notices, page-125

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    Hopefully not bigger sales in isolation, as their gross margins per the half yearly were negative, i. e. the more they sold the more they lost. Sales $304k, Cost of Sales $371k.

    But they had plenty of cash, and raised another $5.95m in the CR, so as long as the $3.77m of unsecured creditors (note 10) don’t call in their debts they should be OK for a few more months.
 
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