CAN 6.45% 3.3¢ cann group limited

Ann: Trading Halt, page-9

  1. 595 Posts.
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    Agreed, who in their right minds would invest in this filth or take part in a capital raising.. I feel sorry for current holders, @amb005 said it loud and clear "Incapable management (cant get a greenhouse built in 4 years with wasting 100 mill shareholder money in the process of not getting it done)"

    78 million CR + 40.2 million CR total of 118,200,000 million dollars.. wtf are they doing with their money to burn through that much cash!

    Last quarter they had a total of 618k receipts from customers.. yet spending 1,629,000 million on staff cost? their receipts literally make up 38% of their staff cost, they are doing this capital raising so they can continue their little business with nothing to show, 50,030,000 million in debt as well.

    confused.png
 
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