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Hey amb005 , why do you think cannvalate is in financial trouble?

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19stevo71

1,473 Posts.

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20/09/23

12:32

Post #: 69934833
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Originally posted by amb005: ↑

Havent been following these threads so sorry if its already been posted, but I was just doing some research because one of the shares I hold cannabis cultivator ECS got a volume dump yesterday as well, and saw that IHL and ECS have mutual top 20 holder Cannvalate PTY LTD, that I believe is in financial trouble so perhaps it was them needing to sell.

Anway in my research like to compare changes in top 20 over the year, so here is the IHL 2022 top 20 holders vs 2023 top 20:

View attachment 5601833

Biggest change here is Dr SUD, selling down his holding from 75.3 milllion shares to 34 million. More than half his holding.

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Hey amb005 , why do you think cannvalate is in financial trouble?

IHL Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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