Yep absolutely, 80c is a pipe dream at this point.
AusCann has been significantly de-risked over the last year and you pay more to enter after each de-risking event.
Momentum is starting to shift in the favour of AC8 and CAN as the cream of the (pot) crop here. Once the tradies bail and take thier profits we'll be left with long investors holding onto their shares for production this year now.
Hard to predict how the SP will behave now in the lead up to the first production crop.
AC8 Price at posting:
$1.62 Sentiment: Buy Disclosure: Held
