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2.1¢ cann global limited

Ann: Strategic Landmark Cannabis Opportunity in South Africa, page-41

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turbohectics

1,189 Posts.

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19/12/19

23:17

Post #: 42060894
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Originally posted by Luke164: ↑

This 'view to independently list on the ASX' line is rediculous and I am absolutely abhorred to continually see it used in all their expansion announcements.

Great - expansion! Don't turn around and say you don't want to/can't pay for it and therefore you'll review the option to try and list it as a direct competitor on the ASX.

That is rediculous. So much for investing in assets - this isn't the mining sector where you can strike gold and immediately flip off a ML for a profit.

I would have been fine if they said they were looking to get in private equity direct. But the ASX offshooting mention just p*sses me off. Its a copy paste with every ann.

If you are expanding into ANY overseas market, YOU TAKE THAT ON FOR THE LONG TERM. If you cannot fund it, DO NOT DO IT or don't announce it without funding sorted. If you are trying to make a quick flip dollar, go and start another mining junior that has core activities doing that.

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You want a job on the board? You sound like you know how to run this Company?
Get back on the forklift pal

CGB Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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