AC8 0.00% 4.0¢ auscann group holdings ltd

I'm not too excited about animal MM but the potential is there...

  1. 5,410 Posts.
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    I'm not too excited about animal MM but the potential is there and plenty of opportunity to trade. CP1 and CPH are the ones to look at.

    Personally, I've sold down all my weed stocks to free carry or better except AC8, where I'm happy to leave the money on the table to keep my holding as large as possible. $10 in 2019 would be lovely but I think it might take longer. $2-3 seems very conservative, even if the SP is largely buoyed by "hype" before profits. I'm happy to factor in more or less sustained hype for 2018 at least.

    This has had a great run and will probably lull back a little bit for now, but Greg Hunt will be in the news again in Feb for the passing of the export legislation so it will stay on the simmer imo. Any material announcements should reflect in AC8's SP more so than it has for MXC and MMJ, which are good stocks but heavily dilutef and failing to inspire the same confidence as AC8 and CAN.

    Accumulate and hold.
 
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