CAN 2.44% 10.5¢ cann group limited

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

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    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:

    canconvertiblenotes3.png

    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.


    convertiblenotedeathsprial.png
    Last edited by amb005: 21/11/23
 
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