CGB 0.00% 2.1¢ cann global limited

Ann: Medical Cannabis Import & Export Licences Secured, page-134

  1. 460 Posts.
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    It was quite obvious this Ann wasn’t going to send the price up by too much, but the bandwagon were out in full force. What you’ve said about the MCL deal is exactly right and no Ann will change the doubling of shares to over 3 billion, just to buy a company that isn’t worth that much. Big profit is the only thing that could of made the MCL deal reasonable but with an extremely poor harvest they’ll be lucky to break even. The company (MCL) is great, the price for it, terrible. Who else in their right minds would pay 60million dollars worth of shares to a company that has yet to prove it can harvest a large amount of hemp seed, enough to make their operations viable?
    Last edited by BPacker: 19/07/18
 
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