Hi Fellow Shareholders of Auscann,I have only just realised this...

Hi Fellow Shareholders of Auscann,
I have only just realised this thread was active as I scrolled down my watchlist and after digesting the contents above, I can totally understand STR's frustration and disappointment in the current value of our shareholding. I had not abandoned Auscann, I merely resigned myself to the obvious that the performance speaks for itself. Where is the income? All I see from December 2019 is cash on hand dwindling away quarter after quarter and the SP sinking with it. To read above 'Plenty of Cash' just makes me shake my head in disbelief!

Let's review actual s here:-

December 2019, Cash On Hand (COH) $26,080,000.00
March 2020, COH $24,700,000.00, a drop of 5.29%
June 2020, COH $19,180,000.00 -22.35%
September 2020, COH $16,800,000.00 -12.41%
December 2020, COH $15,230,000.00 -9.35%
March 2021, COH $14,800,000.00 -2.82%
June 2021, COH $13,680,000.00 -7.57%
September, COH $12,500,000.00 -8.63%

Average the above and we 6.4 quarters, just over a year and a half of 'Plenty of Cash' no more unless that is we finally see some positive results, cash generation or...a CR.

I will be absolutely amazed if this stock picks itself up out of the gutter! If it does, then I will be the first to raise my glass to Layton.

GLTALTH's
Regards,
Peakabooau