AC8 0.00% 4.0¢ auscann group holdings ltd

Morning Star Fair Value Estimate 1.40, page-3

  1. 171 Posts.
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    I agree with you both. Cann came from no where and has had huge run up in share price. It is funny on a down day with CAN so many are posting like whats wrong and how come its down today, like all it can shares should do is go up, up and up.

    AC8 will have it turn soon enough, in the mean time buying on the dips.
    Awaiting when it share price starts to move on the upside. Once there is some revenue on the books it will be interesting times as more investors move to try and get a slice of the action. (Many articles online saying they wont invest till it shows revenue streams) Also if company market cap grows over time there will be certain index funds and managers who will need to hold some of it.

    Keep in mind also possible take over as big pharma might use this company or others in this space as a short cut into the field.

    one of the poster on here said to think of AC8 as a slow burn rather than a rocket. I like this.
 
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