tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cann Group Seeks ASX Quotation for 17.6 Million New Shares

Story Highlights
  • Cann Group has applied to quote 17,554,003 new fully paid ordinary shares on the ASX.
  • The newly issued shares arise from exercised or converted securities, expanding Cann Group’s quoted capital base and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cann Group Seeks ASX Quotation for 17.6 Million New Shares

Claim 70% Off TipRanks Premium

Cann Group ( (AU:CAN) ) just unveiled an announcement.

Cann Group Limited has applied to the Australian Securities Exchange for quotation of 17,554,003 new fully paid ordinary shares. The securities, issued on 8 January 2026 following the exercise or conversion of existing options or other convertible instruments, will expand the company’s quoted share base and may have implications for its capital structure and liquidity once admitted to trading.

The most recent analyst rating on (AU:CAN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Cann Group stock, see the AU:CAN Stock Forecast page.

More about Cann Group

Average Trading Volume: 5,547,766

Technical Sentiment Signal: Sell

Current Market Cap: A$15.71M

For an in-depth examination of CAN stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1