AC8 0.00% 4.0¢ auscann group holdings ltd

Ann: AusCann Supports Final TGA Decision for Over-the-Counter CBD, page-21

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,276 Posts.
    lightbulb Created with Sketch. 893
    If these guys had any conscience, they would:
    1. Reveal interim sales for this quarter (surely it exceeds $5K)
    2. Close out the CannPal acquisition
    3. Do a presentation that explains the TGA ruling and the favourable US acceptance of CBDs.
    But these guys clearly don't see a way forward at the moment.

    Their SP has dropped 12.5 cents or over 40% in days and is close to all time lows.

    Cash keeps dwindling to nothing a CR must be imminent. Directors don't deserve a mint for delivering Jack Squat.

    How a company as small as AC8 has chewed through so much cash is something that requires an independent audit! The next CR will dilute capital to oblivion and then AC8 can assume junk status.
 
watchlist Created with Sketch. Add AC8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.