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Ann: Trading Halt, page-30

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wasko

2,008 Posts.

631

16/11/23

08:56

Post #: 70929844
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Originally posted by ChopsInOz: ↑

I think this is it, surely Can can't trade out of this? Can someone help me with the maths?

They say they are expanding to 12t, 12,000,000g, means they need $2/g profit to reverse the $24m loss from last year.

Product is being imported at <$2/g (for bulk flower) its surely time to call this one?

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With their current market cap they still have a few capital raises left in them. The writing can be on the wall for quite some time with listed companies.

Looks like the MD just got a new gig also as head of MCIA. The building is on fire yet he still has time to chair another organisation.

#commitment

CAN Price at posting: 11.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 4.7¢		Change 0.001(2.17%)		Mkt cap ! $22.02M

Open	High	Low	Value	Volume
4.5¢	5.0¢	4.5¢	$17.73K	362.8K

Buyers (Bids)

No.	Vol.	Price($)
1	23383	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	71183	2

View Market Depth

No.	Vol.	Price($)
1	23383	0.047
1	2926	0.046
2	72000	0.044
2	120000	0.043
4	169597	0.042

Price($)	Vol.	No.
0.050	71183	2
0.051	77419	3
0.052	24390	1
0.053	60000	1
0.054	102287	2

Last trade - 15.57pm 06/11/2024 (20 minute delay)

CAN (ASX) Chart