CGB 0.00% 2.1¢ cann global limited

Like you suggested, hopefully some major shareholders can step...

  1. 3,872 Posts.
    lightbulb Created with Sketch. 3205
    Like you suggested, hopefully some major shareholders can step up.

    Perhaps not at 8c but not at 3.7c either.

    Could see a reduced cr & maybe a few million out of the kitty to reduce shares on issue but doubt it.

    I do agree with management that we need to keep a healthy safety net & I wouldn't want to see that 8 or 9 million being eaten into too far, especially after a few difficult harvests & no certainty on significant revenue from mm in the short term.

    Hopefully the sp can bounce between now & cr to remove some of the pressure but we'll get through it.
 
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.