CGB 7.14% 0.8¢ cann global limited

Looking for re entry? Mate your company has been in suspension...

  1. 400 Posts.
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    Looking for re entry? Mate your company has been in suspension for the better part of a year and doesn’t look like coming out of it anytime soon, if you are gonna have a crack at how my sentiment changed overnight, imagine how much it’s changed in 9 months!
    Operating on a 5mil + loss per year is unsustainable and if CGB can’t get serious revenue this year I wouldn’t wanna be holding if they try for another Cr, you hold onto their word of this biohealth deal and how it will bring short term revenue but I’ve seen no solid evidence on how (numbers, timelines, costs vs revenue estimations). Hell, I didn’t even know Medcan wouldn’t be able to supply due to lack of licenses till they announced the biohealth deal, as far as I know the Medcan deal was a sure thing and it wasn’t long till their big facility was up and running and making CGB the no1 asx cannabis company, lol.
    If you’re really wondering why I post bigdan, it’s simply because I can, if it wasn’t for a few people on here having a realistic look at the problems and announcements then it would be a bunch of bro’s hugging and telling each other how CGB is going to the moon 24/7. What’s wrong with a bit of fire on the forum, a bit of back and forth keeps things interesting. Much more interesting than hugs and having your head stuck in the clouds.
    All imo
 
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Currently unlisted public company.

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