CGB 0.00% 2.1¢ cann global limited

Neil-These shares were purchased via Volcan, the company which...

  1. 11,400 Posts.
    lightbulb Created with Sketch. 565
    Neil-

    These shares were purchased via Volcan, the company which currently owes CGB $1.2million dollars.

    Essentially shareholders paid for these shares, with that loan, which has not been repaid.

    .... Not sure this DD is being completely upfront and honest, why didn't you disclose the holding company they used to purchase these?

    https://www.asx.com.au/asxpdf/20150401/pdf/42xnmxk28yltkt.pdf <- here is the Appendix 3b for those wondering.
 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.