CGB 0.00% 2.1¢ cann global limited

Hi @jaybe ...yes I believe I know why it didnt get momentum and...

  1. 3,013 Posts.
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    Hi @jaybe ...yes I believe I know why it didnt get momentum and help the share price. These are just my opinions based on my charting and observation. But I think they will make sense.

    1) It would have been good to release prior to opening not mid lunch time.
    2) There had been a series of " T Bombs" leading up to the ANN before 12:54PM
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    3) We were just past the mid point (IMO) of the reverse pendulum swing for day trading and the ANN also had its detractors which was why I got straight onto Sholom Feldman.

    Hope that answers your question.. the queues on Monday morning will tell me if people digested it well over the weekend and also if there is any media coverage. It was a GOOD progressive ANN IMHO.

    Cheers.....59
 
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