Exactly all other cultivators on the ASX are performing better in every metric (more receipts, less costs, more cash), and not even in debt, yet here we have CAN with 100 mill market cap worse metrics compared to peers, in debt of $47 mill with no way to service the debt, and yet they are double and triple their competitors market cap.
Market sorts out the truth eventually, CANs institutional and government support has held them up here so far but wont last forever.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11
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