Australia's Cann Global at 1-wk low after reporting wider losses
01/09/2022 06:52
** Shares of Australia's Cann Global Ltd CGB.AX fall as
much as 8% to A$.0.023 - lowest since Aug 25
** Says its net loss for year attributable came in at A$8.2
mln ($5.57 mln) as compared with A$4.6 mln a year ago
urn:newsml:reuters.com:*:nGLF5tkxZd
** Says revenue fell 62% to A$562,000
** Shares are down 60% YTD as of last close
($1 = 1.4715 Australian dollars)
(Reporting by Nausheen Thusoo)
((Nausheen.Thusoo@thomsonreuters.com;))
Recent news on Cann Global
See all newsBrief: Cann Global Says In Final Stages Of Finalising Due Diligence And Terms Of Potential Transaction
Brief: Cann Global Says Currently Concluding Detailed Due Diligence On Major Opportunity For Co
Brief: Cann Global Announces Further Streamlining Of Core Business Brands
Brief: Cann Global Says It Has Been Considering Series Of Proposed Acquisitions
Australia's Cann Global at 1-wk low after reporting wider losses