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Letter to Alan Beasley, page-34

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Merchant2000

21,948 Posts.

899

05/04/18

08:17

Post #: 32230075
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Originally posted by 56amons ↑

All Aust MC shares took a hit this week, just that THC took a bigger hit due to aftermath of inhouse dog fight and also lack of good news. If the outgoing directors' shares are escrowed till 2019, we can only assume that the sp has gone down as many holders are offloading to reduce the loss and at the same time these shares are redistributed or sucked-in by big fishes or a whale. You either cut the losses and get out, let the whale to suck in your cheap shares OR sit through it. You need balls made out of steel and some stupidity at these times. Hope the sell-off will slow down today as Dow is in the green this morning.

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56amons

You are only speculating that the big whale is after your cheap shares

Been hearing this since it went under $1

This has dropped well over 50% from its highs

IMO,
Announcements regarding potential revenues and earnings are what is needed

45c is the key support imo

DYOR

THC Price at posting: 46.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

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