CGB 0.00% 2.1¢ cann global limited

who's buying????, page-14

  1. 124 Posts.
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    Hi mate, shares are currently in a suspension. This is to allow the company to go through ASX Recompliance and finish a Capital Raising. You may want to Google ‘Recompliance’ for full details, but basically the company is going from a miner with a side interest in Hemp/MM to a HEMP/MM company with a side interest in mining. The CR would allow you to apply for more shares (minimum $2000 worth, then add to that in $500 ‘blocks’. The CR is at a price of 3.5 cents, but you only have 3 days (I think) to apply as the CR closes on 18 October. You would not be guaranteed shares though. The suspension is due to lifted at the end of October, but this could change. The company website has details of the prospectus and you can also apply online through the reachagency.com. Not sure what you mean by ‘rebuy’ though. Hope this helps. GLTAH & DYOR.
 
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Currently unlisted public company.

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