My understanding is that was an indicative price based on AusCanns price at close before the announcement. higher AusCann goes better it is for us because it’s the ratio that’s important. The risk in CannPal is that the deal doesn’t get done or if AusCann requested a renegotiation which starts it up all over again. As they say we need to wait for the fat lady to sing !!! I have bought some AusCann and CannPal so just going to sit it out and hope it all happens. End of the day we are all winning.
CP1 Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
