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Thats a hard one to answer mel, mostly because i'm dumb, :)
but other than that the cost saving synergies banded about when there is a merger is most achieved by reducing head count, i hope not, but more than possible.
Depends on the future board & the plans they have
A bit of a non answer i know, sorry

Impressive show of emotions last night, it’s healthy to vent, well done guys :)

Meanwhile back in the real world another question requiring an answer is where does the debt load end up ? As always the devil is in the detail.

I assume the death spiral provider issued the loans to the parent company Cannaray Ltd, now they are splitting the CBD parts off where will the loans end up ?

Will they remain with Cannaray Ltd. In their entirety or with they be split between the 2 new entities ? If so at what ratios ?

The first of the convertible loans for £4.55m will have to be repaid by someone in 2024, but who ? Also there is 10% annual interest rate ( £455,000 ) to pay until that date, who pays that ?

All good questions ?

Cannaray Limited
Group of companies' accounts made up to 31 December 2021
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AM01
I thought I was filtered in your head in the sand style of investing ?

festive gift packs for the Christmas season

Why the RNS for this ?

No fun Mel,
That could have paid for our xmas party
;)

Your right pholi, i have no clue at all what the next results will be

Fancy a wager ?

If they are planning to do this RTO / merger etc. they need to get their ar5e in gear & get on with it ASAP, CBX will be unveiling another set of train wreck results early December, they are audited this time around so no sneaky omissions / we forgot about that other loss, nonsense

It will be a lot harder to pull off shake down part 2 from existing investors after they see where the cash from shake down part 1 was squandered.

I wager whatever happens will happen in its entirety before the end of November

Couldn’t resist it bailed out at 3719 SP500, possibly a little early but cash in the bank nevertheless.

Just Stop Oil protesters spray Aston Martin showroom in London's Park Lane with orange paint

Could someone please contact Just Stop Oil Protesters & ask them what shade of orange paint they used to spray our shop, i quite fancy that color on my new Aston Martin.

:)

Yes i know i said boring funds are the future, but with markets as volatile as this i cant resist it
:)

Hi Lgo-fan
Couldn't resist it today went long the SP 500 @ 3563, stop loss at market low today 3491, aiming for the long term down trend at 4000 to sell & go short again. ,i can see a counter trend rally into year end, then a dip next year when US recession kicks in

Fantastic news guys the
Stop the ban on advertisement of CBG and CBD products on social media and search engines
has reached 1013, and it only took 4 months

Result. :)

Yes me too with individual stocks, possibly forever, just stick to a boring index fund, IUKD, ISF, VUKE . Etc

Hi LGO
Thanks for your input, good advice, stick to what you know, i bailed out of individual stocks at the start of this year & focused entirely on index trading, mainly on the short side.

FX has again caught my eye with the recent large swings, especially in cable
How do you trade FX ? spread betting, CFD etc ?
I do quite enjoy the charting side of this industry, which i assume FX trading is built on

Years ago i looked at trading FX but with the traditional brokers unless you were depositing £1m they treated you like a scumbag, I ended up using covered warrants, with Socgen but you don't see them any more

Cheers

Hi LGO-fan
What’s your view on the market / FX at the moment ?
I went short SP 500 at 4321 and sold at 3612 last week & made just over £ 85k profit, happy days, but what next ?
I am now out of the market looking for my next trade
Any ideas ?

LGO
SUK2

Well, pardon me all over the place

AM01
Most people don't want to be saved until its too late, then they wish someone had saved them
:)

I bet the yanks are furious Mel, they have been gagging to buy CBX products for the last 18 months, now they can & the bloody websites down
Aaahhhh !!
:)