CGB 0.00% 2.1¢ cann global limited

Ann: Q&A on the merger of QBL MCL and Medcan, page-314

  1. 14,434 Posts.
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    The biggest issue with the SP with QBL is the SOI, without consolidation it wont move from being a penny dreadful statues...….and no fund manager will look at a penny dreadful with such high SOI......I never touch stocks with high SOI....only perhaps trade them...….I like the company itself and where its headed....however the moment they didn't do the consolidations...….and seeing how much they overpaid their investments, I dumped the lot......for now its drifting lower and lower and the lower it drifts the more stop losses gets hit.....most are in losses after its out on trading halt...….so most can simply sell out or hold if you believe that the stock will bounce.GLTH
 
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Currently unlisted public company.

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