It’s good they are out of trouble for the time being.
But why is CAN building a production facility when there is ample supply on the market already?
Sounds like they are unable to humbly pivot to a new strategy and going down a path of certain failure. “Build and they will come” sound like a hope rather than a strategy. Reminds me of the now deserted mammoth shopping centres in China built during the boom times with rose coloured glasses
Ann: Debt facility update, page-18
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $14.25M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $11.98K | 372.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 216968 | 3.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 406041 | 3 |
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| CAN (ASX) Chart |