AC8 1.92% 13.3¢ auscann group holdings ltd

where to next?, page-507

  1. 287 Posts.
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    If these are escrowed shares it just shows the trust. Escrowed shares are from people who know the company better than the retailed investors. These people may have direct visits to the company facilities and offices. If they dump the shares as soon as they get them, retailed investors are doomed. If AusCann really has real things to back up their claims, they need to show now. We need pictures of their facilities, products, research labs, ... I feel AusCann is just playing catch up. They managed to land the legal papers without the real foundation. They cobbled together a network of outsourcing partners but they don't really have the infrastructure. Now they are trying to build these things and that will take a long time.

    The bleeding of share price seems to be very rapid. At this rate, we will soon  test the recent low. Last time I bought more at 64c. Now, fear it so much that I would not even re-enter at 54c.
 
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Currently unlisted public company.

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