Did you guy read the latest announcement? They will blow 11 millions dollars (over 1/4 of their cash reserve) on this growing facility and refurnished it for growing and R&D in WA. I thought they already had an R&D facility and only need growing greenhouses? This is way late from the date of the last cap raising when they announced the intention and soon after they hired a master grower for the purpose. This is feared mediocre news I am talking about that riggers a tiny pop to the upside before sellers jump in and take it down again. I have cash but just could not jump in when it got down under 64c. I will sit tight waiting for it to test 46c again before deciding.
AC8 Price at posting:
65.0¢ Sentiment: None Disclosure: Not Held
