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4.0¢ auscann group holdings ltd

"given how much I have tied up in it" This sounds for like you...

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seahunt

4,250 Posts.

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18/01/24

08:35

Post #: 71935220
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Originally posted by AusCannOfficial: ↑

Doing deals costs money - legals, accounting, independent experts etc etc.

As announced a year ago or thereabouts, AC8 is in the process of progressing the merger with Eurocann. Yes we could sit and do nothing for 23 quarters but I don't want that given how much I have tied up in it. Its time to move on, do a deal and get it relisted not sit back for the next 23 quarters doing nothing. The auditors valued AC8 at this price which I think is unjust but it is what it is so why don't we take advantage of it and give the average punter the opportunity to average down? Makes total sense when you are moving forward and not dwelling on the past.

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"given how much I have tied up in it" This sounds for like you are desperate.
It's all about you and how much you,your fund, have tied up, lost on AC8.

AC8 Price at posting: 4.0¢ Sentiment: Sell Disclosure: Not Held
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