Patience is all that's required. Legalisation of the weed is a tsunami engulfing the planet. Whether its for only medicinal use or recreational use is a moot point: demand will be huge either way (of course, hugerer if recreational as well!)
CAN is positioning itself as a reputable supplier (with assay labs etc). They will send their high-end product to the medicinal trade, the floor sweepings will go out to the day trippers. They can be both a premium and woollies supplier. Of course, so can many other growers, but these guys have the international networks in place. I expect the latter to lead to a t/o in the longer term.
Recent talk of a t/o surprised me as it was premature. I was not, however, surprised, that it was just media speculation and the SP has since receded. If it recedes enough I will top up.
- Forums
- ASX - By Stock
- Takeover imminent
Patience is all that's required. Legalisation of the weed is a...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.01M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.1¢ | $32.57K | 1.048M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 186267 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 166532 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 186267 | 0.031 |
10 | 1095250 | 0.030 |
7 | 227000 | 0.029 |
3 | 742642 | 0.028 |
5 | 205555 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 166532 | 5 |
0.033 | 517742 | 4 |
0.034 | 83720 | 2 |
0.035 | 110657 | 6 |
0.036 | 145000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |