AC8 0.00% 4.0¢ auscann group holdings ltd

it's hard to tell who was dumping stock back in feb but you...

  1. 691 Posts.
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    it's hard to tell who was dumping stock back in feb but you can't criticise the guy. He has never pretended to be in it for anything other than personal profit. Don't for a second think that any of the rest of us are here for anything else than to profiteer.

    We can safely assume that Canopy Growth would have known if there was any true underlying value in the business and the fact they ran away as fast as possible was because they knew it was a dud.

    We can probably assume there is nothing in this business other than the $35m cash it has in its bank account.

    This does mean the Market Cap May close in from $85m where it is now down to $35m where it probably belongs.

    Like you I'm a gullible bag holder.
    https://hotcopper.com.au/data/attachments/1772/1772294-9049e4cbe6eeb73c1e2d8cdc2ffda4ea.jpg
 
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