well said Slavrock, i don't hold AC8, but keep a very close eye on all the MC stocks & do see AC8 slight lack of movement latley.
But all MC companies are quite similar in that they all have their grand plans to supply & distribute MC etc etc, It's all about anns atm, they give SH's confidence & send the SP flying, only to give some (not all) of the gains the following days.
It'll come down to which companies start generating decent revenue & in-turn profits in the medium to long term. Short term traders can make $$$ very quickly. Us long term holders will wait to play it all out & hopefully make decent wad.
Also I'm not sure if the Oz market is big enough to sustain 15-20 ASX MC stocks & a number of private owned companies, some may get squeezed out once profits are realized.
GLuck to all.
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well said Slavrock, i don't hold AC8, but keep a very close eye...
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