AC8 0.00% 4.0¢ auscann group holdings ltd

The good news I expect is after 6 months, the CEO does not...

  1. 1,299 Posts.
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    The good news I expect is after 6 months, the CEO does not decide to quit. This does not need an announcement.

    It will take a new CEO a year to take control of a company with so much unfinished businesses where everything is half-baked. Then it will take a while to drive some strategic things to the finished line.

    If there is any luck, we will get an announcement that the capsules are produced and ready for trials. But I don't see that soon as they would have prepared the trial program months before the availability of the capsules. We need to hear about when they plan to set up the trial.

    I think there is a chance to play sucker rallies at this point. People hope for news. The stock price is flat now. One can buy some and set stop loss to wager for a sucker rally and grab some profit.
 
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