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1.92%

13.3¢ auscann group holdings ltd

Yes, low cash burn this qtr but $9M estimated for next qtr....

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fceuropa

1 Posts.

31/01/19

20:40

Post #: 37289670
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Originally posted by Marek78: ↑

I find it odd that after Dayacann has completed 2 cultivation crops yet Auscann has zero receipts.......is no money being made from these 1st 2 crops?
The 3rd crop in non-binding agreement MoU with Khiron sure to be zero dollar value also.

Low cash burn of $1M for the Qtr.

Apart from (empty) hard shell capsule to be completed during the year, doesn't seem like much other progress is planned, other than unmentioned clinical trials.

Could be a slow news year, but at least they are cashed up.

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Yes, low cash burn this qtr but $9M estimated for next qtr. What's that about? Something big planned or do they always overestimate?

AC8 Price at posting: 63.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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