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4.00% 4.8¢ cann group limited

"20mil per qtr cash burn" Is NOT FIXED,,,,, ie they do Not have...

  1. orlando G
    1,201 Posts.
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    20/11/19
    18:06
    Post #: 41537933
    "20mil per qtr cash burn" Is NOT FIXED,,,,, ie they do Not have to spend the projected cash spend for next qtr, plus they have cash in Bank, plus if the whole project is Halted till its Restructured,, they Still have heaps of money that hasnt been spent sitting on Balance Sheet. The share price has been smashed down but they are Liquid if the whole thing gets Halted for now and rescaled .
    Last edited by orlando G: 20/11/19
    CAN Price at posting: 79.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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