From June quarter report on 31 July 2017
Capital has a strong cash balance of $1.577M at 30 June 2017. In additional a loan of $750,000 was repaid on 12 July 2017 bringing the normalized cash as at 30 June 2017 to $2.327M.
market cap at 0.5c is $4.175M; EV ~$1.8M
On 28 April, CMY completed a share placement to institutional investors at 1.5c. 200M shares was issued at that price.
Check on CAN, IPO at 0.3, now ~$1.2, with an EV ~$110M, AC8, EV ~130M.
The sector is very promising as there is already news covered overwhelmingly. Medical cannabis may be booming soon enough.
SCU shoot up over 3000% in one day on 14 March 2017, I wish those exciting days could also come to CMY.
