AC8 1.92% 13.3¢ auscann group holdings ltd

It looks like we will have another few days of steep selling as...

  1. 287 Posts.
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    It looks like we will have another few days of steep selling as the volume is so big for this stock right now. There is now just  enough orders over a million shares above 43c. We will know soon if this will crash through the recent low of 46c. The recentlow of 46c is about 28% lower than the 64c low before that. If this happens this time we will look at 34c. I think the selling will only stops when those who want to sell run out of shares. Once the volume comes down to under 100k per day, one might like to jump in for a pure gamble as this stock now is pure speculative. With all the promises at the last capital raising, everyone is expecting a flood of decent new news, yet there is nothing. And they finally revealed that the planned production of hard capsules is only for clinical trials. And there is no news on any planned clinical trials!
 
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