Alot of negativity on here, as expected, and as always. This is also my initial reaction. Not because of the SP, but because they said at the AGM they wouldn't do any more CR's.
For this CR to be fair, in my eyes, would require the funds to be for a sudden major opportunity which promises some real profits coming CAN's way. If it's for capital costs for the Mildura facility, or for operating costs then CAN can go and get F****ed. Otherwise, I'll keep holding.
CAN Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
