Cann Group has told the Australian Securities Exchange (ASX) a recent surge in its share price may have resulted from positive news coverage of an investor presentation by CEO and managing director Jenny Pilcher and the sale and lease-back of its Mildura facility.
After the firm’s shares rose from a low of A$0.045c on September 26 to a high of $0.073c today (September 30) – prompting a price query from the ASX and a pause in trading – company secretary Steven Notaro told the exchange the company was not aware of any unannounced information which could explain the recent activity.
Continue reading...
