CAN 2.63% 3.7¢ cann group limited

Thanks Mwilson - thats a really useful update.If Aurora (who own...

  1. 755 Posts.
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    Thanks Mwilson - thats a really useful update.

    If Aurora (who own 22.54%) are staying firm and management/ key investors are staying put, then the main flight risk are the 45.96% "Rats and mice" who if they fled would tank the stock:

    https://hotcopper.com.au/data/attachments/1872/1872532-92ca4ff0e0d0a2c1e4b7335a9033eae7.jpg

    Cann Management have led everyone to believe that funding is coming and that there will be some form of cultivation facility getting built.

    If this is not approved by end of the calendar year, I think there is a reasonable chance that the bottom could fall out of this stock.

    What do you think?
 
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