I invested in this company for the simple reason that Aurora Cannabis Inc of Canada owns nearly 20% of CAN. That company is producing and supplying product now (https://seekingalpha.com/article/4145582-aurora-cannabis-inc-kills-last-quarter-come).
I'm thinking a likely scenario is that CAN will develop the market here and be t/o by Aurora. The "swelling losses" simply show a company that is in development.
If you don't understand that, or can't handle it, should you be investing in emergent companies? Moreover, if you don't hold and just want to criticise those that do, shouldn't your energies be better directed to your preferred investments?
This baby closed up nearly 10% today. I'm
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Last
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $17.27M |
Open | High | Low | Value | Volume |
3.4¢ | 3.7¢ | 3.3¢ | $61.98K | 1.751M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 97692 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 144120 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97692 | 0.036 |
1 | 170000 | 0.035 |
1 | 140000 | 0.033 |
1 | 31218 | 0.032 |
4 | 253817 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 144120 | 1 |
0.039 | 253786 | 3 |
0.040 | 293090 | 4 |
0.041 | 24390 | 1 |
0.047 | 100000 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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CAN (ASX) Chart |