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8.82% 3.7¢ cann group limited

Ann: Debt facility update, page-18

  1. ChiefWigam
    795 Posts.
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    25/11/20
    13:17
    Post #: 49133012
    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
    CAN Price at posting: 55.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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