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13.3¢ auscann group holdings ltd

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Syadyppah

224 Posts.

198

20/03/19

11:31

Post #: 37821748
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Originally posted by dmaivn: ↑

I had a close watch of interviews of the former CEO Elaine when she was CEO, and my thought at the time was that "This lady was not telling the audience anything they didn't already know. She did not relate to any facts, evidence, details of the development in her company ... It was all claims and no facts." Then I heard of her bailing out of the company with resignation. My thought was, "You did not talk about any real work. I am not sure you are doing anything real in the company apart from going around and visit the facility in Chile and handling the cap raising any way."

When the CEO bailed out well ahead of finding a replacement or having issues with the board, you are right to become suspicious. And then a long period of the company doing nothing just add to the suspicion. And now we are with the fund managers bailing out on earnest to lock in what gain they had.

Some people don't believe that the stock price chart tells any story. But the truth is it does tell what the fund managers think of the company in a very simplified way. And the fund managers are way more experienced and sophisticated than retail investors.

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And in your experience who is accumulating $45 million dollars worth of stock recently? Honest question

AC8 Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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