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10.3%

7.0¢ cann group limited

Almost doesn't matter what price he sold at because he could buy...

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Chrislechat

1,372 Posts.

123

28/01/22

01:55

Post #: 59176279
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Originally posted by Stickywithmicky: ↑

Hey noodles, indulge me, after leaving your money in the company for four years what made you finally decide enough was enough, to take a large loss.

Was it not worth a hold for a final pump with the commissioning of Mildura etc, worldwide legislative changes etc. Don't get me wrong if you invested originally during the hype year (2018) you would still lose a bunch.

Just genuinely interested why someone would take a significant loss rather than hold for four more years on the chance it bounces. I have never sold on a down turn in ten years of trading and have always eventually made a profit, it might take 5+ years but it happens.

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Almost doesn't matter what price he sold at because he could buy back today at a discount.
I bought and sold CANN at a loss twice but if I was to buy back now it'd still be half the price that I sold it at last time and yet I still do not see value here.

CAN Price at posting: 27.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 7.0¢		Change -0.008(10.3%)		Mkt cap ! $32.80M

Open	High	Low	Value	Volume
7.8¢	7.8¢	6.3¢	$205.7K	2.939M

Buyers (Bids)

No.	Vol.	Price($)
2	165000	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	81455	1

View Market Depth

No.	Vol.	Price($)
2	165000	0.069
1	89508	0.068
2	28223	0.067
1	125000	0.066
3	63308	0.065

Price($)	Vol.	No.
0.070	81455	1
0.071	127908	3
0.072	240000	2
0.076	35571	1
0.077	35000	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

CAN (ASX) Chart