AC8 0.00% 4.0¢ auscann group holdings ltd

Hi blackswannn, as long as there are more sellers than buyers we...

  1. 60 Posts.
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    Hi blackswannn, as long as there are more sellers than buyers we will see no turnaround.
    What should the CEO do? Tell a fairy tale to move the share price? This won't work only short term.
    We all know it is a risky stock.
    And maybe we were all far too optimistic. Including myself.
    Layton has reduced the cash burn. But AC8 is still burning cash. I hoped for a income from dermacan, but it is still a way to go.
    Maybe it was wrong to ignore users like seahunt or amb etc.
    They made so right points but I did not listen to them, this were things I did not want to hear.
    And maybe the need new cash early in 2023 and this will put further pressure on the share price.
    Currently the PR work is not fine jmho. And the homepage of AC8 is still a Desaster, but I mentioned this several times.
    I hope for good news and will keep my shares. This stock is definitely worth to give it a chance and maybe we receive a big reward one time.
    But we all should be realistic and not close our eyes from the reality.
 
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