AC8
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0.00% 4.0¢ auscann group holdings ltd

Ann: Trading Halt, page-101

  1. ironball
    579 Posts.
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    11/07/18
    13:33
    Post #: 34276368
    imo, the sell down is an expression of distaste for issue additional 8M SPP, is that necessary or just to get some wage payment? Canopy Growth only have 200M shares on issue, Aurora has 640M on issue, but AusCan has over 320M shares, which is 4 times of Cann Group, but AusCan's R&D on hand is not near to their peers. One shouldn't be surprised if sp falling further to close the gap at $0.87.
    AC8 Price at posting: $1.12 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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