When canapoy paid $1.05 (correct me if im wrong), they would have done their homework, with access to a lot more people and information we can get. (Well maybe not more, maybe just more active about it). They would have known full well about the possibility of escrowed shared being dumped on the market and any other information. I think they would have likely pressed a few pollies to find out when the MC market is likely to have red tape removed. I dont see why a company with their structure would need to waste all the time and money investing in AC8 if they didnt see value there. Its more of a ‘how much’ then ‘if’ with this company. How its managed while there is still red tape is going to be the key.
AC8 Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held