CAN 0.00% 6.2¢ cann group limited

It was short and sweet. Focused on the Satipharm product and...

  1. 79 Posts.
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    It was short and sweet. Focused on the Satipharm product and trying to get as many participants as possible for the clinical study.Jcurve already replied but to confirm they entered into a new 15 mill working capital facility with NAB on the 22/04/22 and renegotiated the 50 mill loan so no repayments until May 2024. I spent a lot more time looking at numbers before something I haven’t got the energy for right now but I remember they had enough money (judging from the last quarterly release and taking into account increased expenses) to keep going until EOFY 22/23.Being optimistic I currently feel they have the potential to break even next year. Hopefully then also increasing revenues further to comfortably repay loans (of course all dependent on the S3 registration).
 
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