ASX Shares Auscann (AC8)

Discussion in 'Shares & Funds' started by Samboh, 13th May, 2017.

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  1. Samboh

    Samboh Member

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    Been keeping a keen eye in regards to recent shares on a couple of different legalised medicinal Canabis companies. Main one being Auscann has recently been approved it's licence within Australia. Just wondering on opinions in regards to shares for a starter company?
     
  2. beertank23

    beertank23 Well-Known Member

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    So I was trying to buy an industrial maintenance company and accidentally bought TWS at 1.6 cents, turned out to be a medical cannabis company, there was some sort of takeover by Auscann in January/February? and then my Auscann (AC8) shares went to 90 cents, now they've leveled back out.

    So far I've done well and will ride the medical cannabis wave.

    Google William Randolph Hearst, he basically killed cannabis and hemp in the US.
     
  3. Barny

    Barny Well-Known Member

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    Also watching Auscann, but it is to early to jump in?
    Share price has risen heaps already and it isn't producing anything yet.
     
  4. Samboh

    Samboh Member

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    Early days yet however never know
     
  5. willair

    willair Well-Known Member Premium Member

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    ....UKI nth nsw ....
  6. Samboh

    Samboh Member

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    Good call willair as said till everything is actually up and running effectively in Australia and other areas won't know how they perform