CGB 0.00% 2.1¢ cann global limited

Ann: Trading Halt, page-224

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  1. 1,337 Posts.
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    The market is still yet to establish what a good market cap for this stock is. Market cap of approx 80m @5c..
    That means at 50c market cap would be 800m. Which I believe is fair when we have landed significant deals and beginning to move products. People everywhere complained when a2 milk had a market cap of 2b. Then it was 3b and more complaining and we hit 4b before the tree was shaken by spooked investors. Our hemp is the key factor to our initial growth. Its what sets us apart from many of the other asx listed cannabis companies. Let's take the ride and see what market cap it takes us to! However 800m which is around 10x from here is highly do-able!
    Gltah!
 
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