Those numbers do not relate to AusCann at all.
It only started trading on the ASX, by way of RTO, in Feb.
But I agree with your overall point that this is rising on the back of potential, speculation and FOMO rather than revenue coming through the door.
At the end of the day, people will value this stock and what they are willing to pay for it on the basis of what they think it is capable of in the future. Evidently, such considerations as the composition of the BoD, the backing by Canopy, the South American grow-op, the new lifting of restrictions on importation allowing for immediate sale, etc. are contributing factors.
GLTAH, keep an eye on that market cap and IMO.
Those numbers do not relate to AusCann at all. It only started...
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