CAN 6.67% 4.2¢ cann group limited

Has anybody, please, done any analysis of this 4C in terms of...

  1. 891 Posts.
    lightbulb Created with Sketch. 147
    Has anybody, please, done any analysis of this 4C in terms of figuring out their costs per unit - and the profitabilty - of CANs current MC flower production >> and for the projected production ramp up?
    Thanks, forensic accounting is not my particular cup if chai.

    My big worry re CAN for some time now, is that it will power out tonnes and tonnes of unprofitable pot to get the revenue fix needed to keep the show on the road just one more day.
    Like a junky.

    I fear we are just about to see that dynamic play out >> right now.
    This is what decimated the industry in Canada, and to a lesser drgree in USA, for years.
    Exactly this same situation >> big stupid companies with big stupid unprofitable wharehouses going broke and taking the the whole industry down with them.

    nb, this is not slagging off.
    It is a genuine immediate concern for our whole Au cannabis industry.
    Any thoughts?....

 
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
-0.003(6.67%)
Mkt cap ! $18.71M
Open High Low Value Volume
4.5¢ 4.7¢ 4.2¢ $58.17K 1.322M

Buyers (Bids)

No. Vol. Price($)
2 126944 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 84000 2
View Market Depth
Last trade - 15.48pm 14/06/2024 (20 minute delay) ?
Last
4.2¢
  Change
-0.003 ( 8.70 %)
Open High Low Volume
4.7¢ 4.7¢ 4.2¢ 88615
Last updated 15.25pm 14/06/2024 ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.