I think it's safe to say Auscann was on a downward trend in SP terms for quite some time, whole previous 12 months, other MC stocks didn't have as severe down turn in that same time, I wouldn't put it all on the escrow release.
SP pre-escrow was 61c & today 41c so a 33% drop, decent drop, but lot of damage was done prior to this point holders can't dismiss. Something has to be said for company communication & direction, It's held quite well last 2 weeks, hasn't dipped into dirty 30's. All hoping for a @dmaivn pop / deadcat bounce or runup!
PS. I' say all 2200+ ASX companies have POTENTIAL, struggling if hanging onto potential.
AC8 Price at posting:
41.0¢ Sentiment: None Disclosure: Not Held