CAN 2.44% 10.5¢ cann group limited

Anyone wanting to actually have a real look at whats happening...

  1. 6,856 Posts.
    lightbulb Created with Sketch. 2583
    Anyone wanting to actually have a real look at whats happening here, I implore you to read the announcement, not the posts here, and google anything you dont understand:


    Basically any shares are issued to the note holder at a discount to whatever the current share price is, they then can dump these shares on market for an immediate profit. There is a reason why they call this death debt spiral. Worst type of financing available, basically kills shareholders, but as always keeps management paid for another little while until they wind up the company.

    Last edited by amb005: 21/11/23
watchlist Created with Sketch. Add CAN (ASX) to my watchlist
(20min delay)
Mkt cap ! $45.46M
Open High Low Value Volume
10.5¢ 10.5¢ 10.5¢ $9.209K 87.70K

Buyers (Bids)

No. Vol. Price($)
2 876330 10.5¢

Sellers (Offers)

Price($) Vol. No.
11.0¢ 477812 13
View Market Depth
Last trade - 10.23am 06/12/2023 (20 minute delay) ?
0.003 ( 0.00 %)
Open High Low Volume
10.5¢ 10.5¢ 10.5¢ 96259
Last updated 10.46am 06/12/2023 ?
CAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.