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4.0¢ auscann group holdings ltd

30c by June, page-325

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9,276 Posts.

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20/12/20

07:53

Post #: 49707971
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Originally posted by dmaivn: ↑

If you still have some cash spare, why don't you try EXL. It's a dog as well but it has some products and has just been cashed up with a successful CR. At least, with Elixinol, you can some skincare products and hemp foods to use. With AusCann, there is nothing to buy. For over a year, AusCann CEOs had never given an interview. People frankly have no idea what the hell they do at work.

There is no point complaining. You either set a stop-loss and get out or you buy more to average down and hope of a rally. Most of the times, people who average down barely manage to recover the losses. I recovered all my losses and gained a little profit on AC8 but since that time I decided not to touch it. I now capped the infrequent trades with AC8 at $2.5k. If AC8 gets under 12c (a fresh new low), I might have a little dip again.

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From market leader to dog stock - the story of AC8
Management have sold $5K in product last quarter and they are paid big dollars.

How about an interim sales update to justify your dough? Or is the product so undesirable that it might as well be scrapped?

AC8 Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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