Just wanted to give my thoughts on CAN currently and what I'm seeing from the outside.
Debt Facility - With my knowledge in the banking sector, there is NO way a big four would allow 50m without some kind of sales agreement that's been submitted to the bank, let alone during a pandemic!!!
Management - Have been disappointing for a while now, I'm hoping that they'll show their worth in the future, TIME WILL TELL...
Opinion - With new laws coming into place 2021 with over the counter sales along with development of Mildura ( debt facility ) a large sales agreement is either signed or at the final stages of completion. Share price target of $1 for me by the end of the year!
Again this is my opinion. I've loaded up big. GL
CAN AND THE Future
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Last
5.0¢ |
Change
0.002(4.17%) |
Mkt cap ! $21.87M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.3¢ | 4.8¢ | $29.62K | 585.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 365540 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.57pm 07/06/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.002 ( 8.16 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 5.3¢ | 4.7¢ | 47816 | ||
| Last updated 15.16pm 07/06/2024 ? | |||||
| CAN (ASX) Chart |