CAN
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4.55% 6.9¢ cann group limited

Can anyone explain the reason behind the current price of CANN?...

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  1. DireStraits
    57 Posts.
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    03/09/19
    19:36
    Post #: 40297083
    Can anyone explain the reason behind the current price of CANN? It was up around $3.50 in May 2018 with not a heap of news and small revenue. Is it all trump trade wars or is there something that I’m not seeing here? Look like they’re making all the right moves in a very considered approach. Building facility in Echuca, offtake agreement with Aurora, revenue up and big pharma getting hammered for opioid epidemic in the press.

    I’m a long term holder struggling to grasp the difference in price from May to now in light of all the great news despite China/US situation. Is the canntrek facility at Shepparton a worry?

    would love some more context if anyone has any?
    CAN Price at posting: $1.83 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
6.9¢ 		Change
0.003(4.55%) 		Mkt cap ! $32.33M
Open High Low Value Volume
6.5¢ 6.9¢ 6.3¢ $45.3K 702.5K

Buyers (Bids)

No. Vol. Price($)
2 67000 6.5¢
 

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Price($) Vol. No.
6.9¢ 11167 1
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