CGB 0.00% 2.1¢ cann global limited

Ann: Q&A on the merger of QBL MCL and Medcan, page-6

  1. 14,434 Posts.
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    QBL has paid a lot to secure something for future needs......issue is non is making a profit...….so they have over paid something not worth paying for in todays market.....so they are buying the expectation of future profits.......I believe what QBL needs to do is to consolidate the shares as the shares on issue even at it is.....wont make the share price rise any time soon.....simply they have no revenue and the issue is the high liquidity..….
 
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Currently unlisted public company.

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