AC8 0.00% 4.0¢ auscann group holdings ltd

where to next?, page-1629

  1. 1,303 Posts.
    lightbulb Created with Sketch. 170
    Could have been much worse if they sold the shares on the open market! I think they did not have time to worry about this so they just sold it off to a fund in one lot. What I don't get is the talk about Canopy keep a director in the AusCann board. How would they do this without holding share in AusCann? Perhaps this is just an attempt from AusCann to fool people that Canopy is still with it. Perhaps this director has not resigned and just collect a bit of money lending his/her name to AusCann board. The volume has gone up even though the drop is small. It looks like we will get a slow bleeding until it tests the low of 29c then after that who knows it will bounce up or take a sharp drop?
 
watchlist Created with Sketch. Add AC8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.