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
- Forums
- ASX - By Stock
- Cann Group
I invested in this company for the simple reason that Aurora...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $19.68M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.2¢ | $24.76K | 574.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42407 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 90803 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42407 | 0.042 |
6 | 284686 | 0.041 |
14 | 1176101 | 0.040 |
6 | 475259 | 0.039 |
6 | 512365 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 83000 | 1 |
0.045 | 320402 | 4 |
0.047 | 58523 | 2 |
0.048 | 97334 | 2 |
0.049 | 39923 | 1 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online