AC8 0.00% 4.0¢ auscann group holdings ltd

Ann: AusCann Receives Positive MOC from the U.S. FDA for CPAT-01, page-35

  1. 60 Posts.
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    Hi,
    Until now, Layton has kept his promises he made after the merger.
    But itit seems like the market expects a raise af new capital, which means a massive dilution with millions of new shares.
    My hope is still that reducing the costs with generation a cash flow (Dermacan) can avoid this.
    But if AusCann need cash, what a about bonds or something else to bridge the time until CPAT1 is ready, which could be our cash cow.
    For me it seems like a better solution to raise cash than a massive dilution which is deadly for current shareholders, who are already sitting on a 50 percent loss or much more.
 
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