CGB 0.00% 2.1¢ cann global limited

Ann: Pause in Trading, page-136

  1. 994 Posts.
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    I hope it isn't grumpy SM posters harassing ASIC to delay things (although ASIC only go after low hanging fruit https://www.abc.net.au/news/2022-10-06/corporate-watchdog-asic-investigates-less-than-1-per-cent-of-com).

    Their wording doesn't give any indication as to where the problem lies,,, i wouldn't be holding my breath for news on the 28th.
    Under promise and Over deliver. Definitely a mantra that CGB need to learn.

    https://hotcopper.com.au/data/attachments/4763/4763191-b87c09e456be12489d9c5e35d7ef0ca9.jpg

    If they want to conserve cash, but dilute shareholders further by paying with shares, they probably need a vote for it (i cant imagine any acquisition costing less than the 15% of shares they can issue without needing approval)
    So we will find out in the next 2 weeks, when they call the AGM and post the resolutions.


 
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