One of the fundamental concepts when investing, especially when investing in a non profitable business is trying to ascertain the ease of gaining capital or whether it’ll be required and how often - the problem with CANN is… until they’re profitable they will likely need to keep raising capital and clearly to do so the raise needs to be at a discount. If this year is anything to go by, CANN has hugely overestimated their revenues - at this stage, who would take their estimates seriously for next year? People on this forum have made mention of the North American market opportunity etc etc but I notice CANN is focused heavily on the UK and the small amount being sent there… genuine question: how long can CANN continue to operate at a significant loss? 4-5 years?
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One of the fundamental concepts when investing, especially when...
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.27M |
Open | High | Low | Value | Volume |
3.8¢ | 4.2¢ | 3.6¢ | $191.7K | 4.877M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24258 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 174602 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24258 | 0.037 |
3 | 190020 | 0.036 |
4 | 221750 | 0.035 |
2 | 112500 | 0.034 |
1 | 140000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 174602 | 2 |
0.040 | 180576 | 1 |
0.041 | 76874 | 1 |
0.042 | 135691 | 2 |
0.044 | 267773 | 2 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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CAN (ASX) Chart |