AC8 0.00% 4.0¢ auscann group holdings ltd

It’s clear you haven’t looked through the AR. There’s a valuable...

  1. 227 Posts.
    lightbulb Created with Sketch. 46
    It’s clear you haven’t looked through the AR. There’s a valuable debt free facility sitting there bringing in $500k p/year and looking at R&D expenses, another $1m or $2m on the way from the refund which I haven’t seen in the cash flow updates yet. I’d hazard a guess by saying the Company would be snapped before raising at these levels. Unless successful results on R&D give it a rerate. Both of which would come with hefty premiums.. Not many other Companies on the ASX with net asset backing higher than the share price, with products now at registration
 
watchlist Created with Sketch. Add AC8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.