AC8 1.92% 13.3¢ auscann group holdings ltd

Will see if  AC8 goes under 40 by next 14 days. They release...

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    Will see if  AC8 goes under 40 by next 14 days. They release some news again today about agreement to purchase materials from overseas. I guess this will be for the promised hard capsules. They claim to have the export licenses but does this means import licenses too? We need real news and evidence of positive development on making a product to support the share price. The kind of statements like "production within the calendar year of 2019" is doubtful. In several announcements, AusCann mentioned their plan for production in FY2018. Do they mean FY2020 in the latest quarterly announcement? FY2019 ends at the end of Jun 2019. It looks like there will be nothing by middle of this year. Then we have end of 2019 as the final goal post for AusCann to show some credibility. They also need a new CEO! Why is it so hard to get a decent business person to take on the running of a company that they claim to be a leading player?


 
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Currently unlisted public company.

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