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2.1¢ cann global limited

yeh I was excited more for long term fundamentals as I was...

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elit

13,316 Posts.

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19/07/18

19:30

Post #: 34459815
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Originally posted by BPacker ↑

It’s a great announcement! And a great step forward by the company. Does it change much short term? Not really. QBL could already import goods through BHC, and it’s a bit hard to import canntab when they don’t even have the relevant licenses to be able to export.
Export license means little in the short term as they won’t have product to export for a long time, this facility still needs to be fitted out and this Ann won’t get it anywhere near 8c as some may think.
It’s a great ann, but there seems to be a lot of over excitement. This should put QBL in the green which I’m happy to see, but short term, it won’t change much. Or, I could be very wrong, who knows. Good luck to all holders, will be an interesting day.

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yeh I was excited more for long term fundamentals as I was exposure to cannabis market and looking for a stock with prospects for that - QBL's vertically integrated model appealing. For me the announcement more FA put some better foundations behind this stock.

I was fence sitting on commitment to this stock which TA / FA factors influence...but got me a little more confident might be here while longer yet.....

QBL Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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