AC8 0.00% 4.0¢ auscann group holdings ltd

Target price, page-33

  1. 1,748 Posts.
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    31st Dec 2015 = 166,305 Loss
    31st Dec 2016= 533,604 Loss = up 221%

    31 Dec 2015 Loss per share = (0.55)
    31 Dec 2016 Loss per share = (1.77)

    Obviously there is future upside to this company it's just whether you want to take the risk after reading through the fundamentals at this "current" stage and price?

    If you purchased at IPO then you're probably okay otherwise all the holders jumping on the bandwagon should act with caution as profits could be taken at any moment which will drop it in a hurry.
 
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