CGB 0.00% 2.1¢ cann global limited

Sinking ship

  1. 9,619 Posts.
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    I think you have no idea !
    The announcement clearly states there is an acquisition, and ASX are going over the whole detail, so it has got to be substantial !
    The company did a reconstruction and now has a tad over 200m shares on issue and $9m in tha bank against a MC of $5 million !

    This could drop a announcement any time this month and start trading at 20 cents, that is my hope for LT holders, we wait !
  2. 1,057 Posts.
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    CGB is notoriously a beautiful way to waste money, it is and has been a sinking ship for a while. It has promised shareholders so many different “Partnerships”, “Products” & “Deals”.

    None of which have ever actually came to fruition. Not one, if you can name me one thing that has actually happened from all of their announcements over the last 6 years, let me know.

    I will re invest if you can name one ☝
 
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Currently unlisted public company.

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