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2.1¢ cann global limited

Cann Global Listing Date, page-169

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mechanic

2,389 Posts.

676

15/08/19

19:50

Post #: 40008345
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Originally posted by GoldDigger!: ↑

Evening all, I just checked the ASX website and no updates or announcements from CGB. Unless there are announcements prior to 10am there will be no listing tomorrow. So if this unicorn flying through the night delivers magical mail from USA, we could see listing either tomorrow afternoon or Monday.

My opinion is that it will relist some time next week.

Most punters don't do much research on penny stocks, so I am also guessing that the volume of trades will be high and raise some eyebrows on day traders to look at taking a punt purely based on volume (200m shares plus will be traded day 1) and will see the amount of trades as a chance to make some gains for the day. My opinion will be an open around the price it closed at 3.5c to 3.8c and rise during the day to 4c 4.5c maybe even as high as 4.8c and close around 4c for the day.

Not long to go to relisting in my opinion. 1 week max.

Good luck all, crazy bucking bronco ride.

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no notice little likelihood, more probable another ann. deferring or advising actual trade date

CGB Price at posting: 3.7¢ Sentiment: None Disclosure: Held
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