AC8 0.00% 4.0¢ auscann group holdings ltd

News: AC8 Auscann Group Says Canopy Growth Sold Its 13.2% Interest In Co, page-38

  1. 1,299 Posts.
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    I speculate that the director representing Canopy who stayed on as a member of AusCann board bought these shares or his/her family trust fund bought them. I cannot see how Canopy sold all shares and still had its representative staying on the board. If Merchant Funds and this whoever bought the left-over shares are dumping, they are making good profit! I suspect that they can safely unload approx 42 million shares above 15c.

    But this would take a while and that means new buyers entering under 27c may still lose a lot of money
 
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