Kanabo Group (KNB)

Sector:

Alternative Investment Instruments

 18.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 22.00
  • 52 Week Low: 18.15
  • Currency: UK Pounds
  • Shares Issued: 368.51m
  • Volume: 337,704
  • Market Cap: £68.17m
  • RiskGrade: 2,122

Spinnaker Opportunities enlarges investment focus to include cannabis industry

By Iain Gilbert

Date: Tuesday 18 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Spinnaker Opportunities told investors on Tuesday that the board had decided to enlarge its strategic focus to include the analysis of opportunities in the cannabis processing industry.
Following a period of intensive discussions, Spinnaker chose to shift some of its investment focus from the energy and industrial sectors to cannabis processing after opportunities afforded to it by the recent legalisation of the substance in several US states.

Spinnaker was confident of "numerous attractive, near-term investment opportunities" within both private and public businesses undertaking legal cannabis processing.

The AIM-listed cash shell also revealed that it was currently engaged in due diligence of an unnamed company involved in the extraction and wholesaling of high purity Cannabidiol oils from industrial hemp for clients.

As of 1040 BST, Spinnaker shares had climbed 4.90% to 5.04p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kanabo Group Market Data

Currency UK Pounds
Share Price 18.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 22.00
52 Week Low 18.15
Volume 337,704
Shares Issued 368.51m
Market Cap £68.17m
RiskGrade 2,122

Kanabo Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.85% below the market average69.85% below the market average69.85% below the market average69.85% below the market average69.85% below the market average
91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average
Value
69.85% below the market average69.85% below the market average69.85% below the market average69.85% below the market average69.85% below the market average
91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average
Income Not Available
Growth Not Available

Kanabo Group Dividends

No dividends found

Trades for 23-Jun-2021

Time Volume / Share Price
15:34 90,490 @ 18.69p
16:29 1,314 @ 18.75p
16:25 6,000 @ 18.65p
16:21 30 @ 18.20p
16:19 393 @ 18.95p

Kanabo Group Key Personnel

CEO Avihu Tamir

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