CGB 0.00% 2.1¢ cann global limited

Great news. I called it a while back that the trading halt is...

  1. 959 Posts.
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    Great news. I called it a while back that the trading halt is their chance to make things happen without the share market panicking and distracting them with questions. Don't rely on regular holders no matter how much research they do. Rely more on how the industry values a company. To point it out, this company had based the acquisition entirely on the future of QBL as they received no cash.

    My thoughts :

    1. Forget returns and value for now. Their focus is expansion. And they're smashing that. Any of the above is nice to have information
    2. They possibly mistimed something along the way and didn't get to the 8c, or is it possible that they wanted a trading halt and chose to lower the CR price to force a TH rather than hold out until they reached the 8c mark.

    All my thoughts and all in my own opinion.
 
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Currently unlisted public company.

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