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
3.4¢ |
Change
0.005(17.2%) |
Mkt cap ! $15.14M |
Open | High | Low | Value | Volume |
2.9¢ | 3.4¢ | 2.9¢ | $46.89K | 1.504M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 353030 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 95111 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 353030 | 0.033 |
2 | 150000 | 0.031 |
4 | 239962 | 0.030 |
2 | 95125 | 0.029 |
1 | 177500 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 95111 | 4 |
0.035 | 56457 | 5 |
0.036 | 59235 | 3 |
0.037 | 258000 | 1 |
0.038 | 230000 | 3 |
Last trade - 10.44am 03/07/2024 (20 minute delay) ? |
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TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
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