AC8 1.92% 13.3¢ auscann group holdings ltd

Chart & TA, page-75

  1. 287 Posts.
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    I think it's the same for a while. I remember before the bog Oct 2018 selloff, AC8 was the most resilient for 2 weeks due that massive sell off taking the ASX down to lowest in several years. So people thought AC8 was going to be good to hold on to then suddenly it fell nearly 50% down to 46c as the other stocks started to recover. At this level it's impossible to say whether it will go up or not. However, I think the upside will be limited unless we have real and good business development news. I think Auscann will refrain from making insignificant news as they should have learned by now from all their regurgitation of old insignificant news and how the share tanked further every time they did that. They need to grow up and be more mature about investor relations.
 
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