Made contact with Leighton Mills again regarding company’s thoughts on the losses. He made some good points about cannabis company’s all heading south and the general market sentiment. Agree with him the company has been good on the cash burn and there’s still 4 mil in the bank , but the only nearest chance of revenue raising via the topical cream they’re developing is looking like end of this year at best.
Long term I still believe in Cannpal, but short term over the course of this year , don’t be surprised to see SP slide even further unfortunately.
- Forums
- ASX - By Stock
- CP1
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-3
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)