CGB 0.00% 2.1¢ cann global limited

"As much as the company must be transparent it also has a duty...

  1. 298 Posts.
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    "As much as the company must be transparent it also has a duty of care to shareholders to manage how they rectify obstacles & inform the market to limit any damage to sp."

    I can't disagree more. It's not the job of company directors to withold this sort of information for any reason, least of all to influence the shareprice. The market has the right to evaluate the value of a company with current information prior to making their purchase. I believe by witholding the crop data they have prevented potentially hundreds of investors from making an informed choice and who may have paid over what they otherwise would have. This is a lot more serious than many seem to appreciate.

    What may have seemed like a good short term solution will have a much longer negative impact on investor confidence and will likely have the opposite affect on the shareprice longterm.

    IMO
 
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Currently unlisted public company.

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