I think today’s trading looks good, AUsCann held up when often the acquirer comes off so solid, CannPal got the benefit of the premium with a bit of a discount in case the deal falls over and as it gets closer will probably go up a bit. I suspect that the big premium payed for CannPal had a bit of a margin for error in the price falling of AusCann which on a scrip deal taken away a bit of value but didn’t happen so a bonus for us.
Bigger market ,Bigger Pipeline, Bigger Bank account all makes cents to me !!!
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- Ann: CannPal and AusCann Enter into Scheme of Arrangement
Ann: CannPal and AusCann Enter into Scheme of Arrangement, page-31
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