AC8 1.92% 13.3¢ auscann group holdings ltd

I find it hard to see Canopy buying Auscann, what for $1 per...

  1. 675 Posts.
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    I find it hard to see Canopy buying Auscann, what for $1 per share? would SH'd even be happy with that price & approve it as many at that price would still be under water I suspect.

    Also that would cost Canopy $310,000,000, not sure their willing to pay that much & see value in it.....for possible patented hard capsule, which I'm sure they could come up with a version of it in Canada if they wanted to with all their resources & years of expertise A $5M facility that needs another $6M fitout, throw in a few MOU / JV, is that really worth $300+ million?

    They've invested funds into some sort of growing / facility in Victoria recently anyway.

    But you never know.
 
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