AC8 0.00% 4.0¢ auscann group holdings ltd

You may well be right I think - has great prospects and...

  1. 99 Posts.
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    You may well be right I think - has great prospects and management and strategy is sound, good ownership that can back growth and so on.

    But market cap fully diluted circa 400 mill is just too much given the pull back in market here and in Canada. Canada leaders are multi billion market caps so justification ok on that comparison but local stocks such as MDC with better advanced local medical platform at circa 100 mill market cap just looks a much better risk return.

    CAN the only other name but it’s focus on growing doesn’t work for me as well because that is a high capex business.

    So AC8 a great name but big premium to MDC for offshore progress but less developed local business.

    The rest are all proving to be little more than headline writers from what I can see and some of the worst corporate governance around - avoid the rest.
 
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