Australia's largest stock trading and investment forum Australia's #1 stock forum

AC8

Click for more information

0.00%

4.0¢ auscann group holdings ltd

Ann: AusCann Receives Positive MOC from the U.S. FDA for CPAT-01, page-32

First 32 Last

Share
Profile

Follow
hoofa

12,630 Posts.

1806

04/03/22

09:33

Post #: 59973461
Share

Originally posted by amb005 ↑

LoL, or you just bought in more on a nothing announcment and the price has now sunk back lower to what it was.

Remember when you were arguing about how I didnt know what was happening here because I only looked at the figures.

AC8 has approx 11 million AUD in the bank.

AC8 are losing on average 2 million a quarter ( this based on the last 8 quarterlies)

Im well aware of how biotechs work, well aware of the huge cash burn with potential of no return. As Im sure you are too with holding BOT, CPH, ZLD, but AC8s going to be different right? Its pot luck here, maybe they can pull it off maybe go to nothing.

There is no way AC8 is going to end of 2022 without a capraise, mark my words. The market knows this too, they know AC8 are going to be doing a cap raise at a discounted price to the current SP.

Expand

I choose to believe in the developments of this business model and its future.

Short term obstacles are just part of building a business.

Good luck with your investments.

AC8 Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

What's causing the cost-of-living crisis, and how to navigate it

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

There are more pages in this discussion • 16 more messages in this thread...

First 32 Last

Add AC8 (ASX) to my watchlist