CAN 0.00% 3.3¢ cann group limited

Sellers are drying up. Thought those who bought low recently...

  1. 58 Posts.
    lightbulb Created with Sketch. 16
    Sellers are drying up. Thought those who bought low recently would be flooding the market for a quick profit but it appears this run still has legs.

    What is causing this is anyone's guess. Last rally from 0.40 seemed to be driven by a relatively insignificant manufacturing announcement that obviously some large investors were aware of in advance.

    Hoping this continued upsurge has something more substantial behind it.

    If so, can envisage the $2.00 barrier and beyond as a reasonable short to medium term IMHO.

    Up over 10% already today. Surely there is information out there that we are not yet privy to. Funding? Increased sales? Recreational legalization kicking off next week in Australia??

    Any obscure announcements or other factors that anyone else thinks could account for this????

 
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $15.41M
Open High Low Value Volume
3.4¢ 3.4¢ 3.3¢ $4.901K 145.2K

Buyers (Bids)

No. Vol. Price($)
1 25000 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 4278 1
View Market Depth
Last trade - 15.59pm 16/08/2024 (20 minute delay) ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.