CGB 0.00% 2.1¢ cann global limited

CR at current share price will add another 131 million shares to...

  1. 460 Posts.
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    CR at current share price will add another 131 million shares to the market, on top of the over 3 billion they already have, but raises are always done at a discount to a current sp as you all know which would mean more issued shares. Then there’s the issue of finding 5 million dollars worth of interest, that’s quite a big ask. Sp is back to what it was before the license announcement, from what they have said about the weak harvest any hopes for strong revenue in the quarterly is gone imo. Personally, I don’t think a Q and A on on their website is going to do anything besides slightly shield them from negative views online. Long term is still hopeful for QBL and if they sort out the hemp growing aspect I believe they will able to prosper. Short term may bring a lot more pain, that one seems fairly obvious.
 
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