CAN
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0.00% 3.1¢ cann group limited

Ann: Secures Institutional Funding Support for Working Capital, page-17

  1. Corgi
    2,376 Posts.
    lightbulb Created with Sketch. 1799
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    07/02/20
    11:48
    Post #: 42799738

    Spot on, some panic selling, volume movement low. Some good buys around the $1.20-$1.40 mark.

    The CN will be used as equity to satisfy the Facility Agreement for Mildura Imminent.

    Guys please do the maths, the information is all there,

    • Funding expected Q1 2020 - mix of debt and equity (feb announcement)
    • The CN is essentially in imminent effect
    • The value of the CN & current Cash correlates with the typical Loan to Cost Ratio (80/20)
    • There is even a subtle mention the announcement as to what the CN correlates to


    CAN Price at posting: $1.25 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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