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2.1¢ cann global limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-115

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Christopher67

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24/10/22

10:04

Post #: 64352988
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Originally posted by corona: ↑

FYI if you're going back to the source of all the shares and if they were 'purchased'?

Volcan (Pnina and Sholom) sold Volcan Queensland Bauxite Pty Ltd and Volcan South Queensland Bauxite Pty Ltd to QBL (now CGB) for a total of 105,000,000 shares in QBL. These companies held the bauxite tenements that have been surrendered a long time ago. The shares at the time were worth $0.215. That's about $22.5M worth! Shareholders approved the transaction of course...

There was a notice of change in substantial holding on 14/12/2010

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Thanks Corona, ill be doing a deep dive into the history when i get a chance, this will give me a good starting point!

CGB Price at posting: 2.1¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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