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4.55% 6.9¢ cann group limited

Unbelievable that this company is still going. A $51m loss this...

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  1. ChopsInOz
    107 Posts.
    lightbulb Created with Sketch. 12
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    31/08/24
    10:21
    Post #: 75467988
    Unbelievable that this company is still going. A $51m loss this FY just passed, sure $20 something million was impairment, but direct production costs are higher than selling price in a very competitive market, and falling prices.
    Interesting all ASX cannabis stocks have an Auditors report along the lines of doubtful if the remain a viable concern, this is strike two for Can Not
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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6.9¢ 		Change
0.003(4.55%) 		Mkt cap ! $32.33M
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6.5¢ 6.9¢ 6.3¢ $45.3K 702.5K

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