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Australis Capital Inc C.AUSA

Alternate Symbol(s):  AUSAF

Australis Capital Inc. is a multi-state operator in the cannabis industry in the United States. The Company is involved in the cannabis and horticultural industries in the United States and abroad. It is focused on brands and cannabis licenses in states with favorable economics. The Company also operates an engineering consulting firm. The Company advises on greenhouse design, build and operations throughout the world in cannabis and horticulture. Its operations range from providing sustainable cultivation design and optimization to retail storefronts, growing flowers in-house, and manufacturing brand, AUDACIOUS has products and solutions for everyone.


CSE:AUSA - Post by User

Comment by Smokininvestaon Sep 23, 2020 12:18pm
53 Views
Post# 31604524

RE:RE:ACB fiscal Q4 results

RE:RE:ACB fiscal Q4 results

the market is speaking today re ACB  down 25% on 20 million shares traded.  More write downs to come.  Huge amount of debt and have to be certain the lenders have shortened the leash completely.  My guess is ACB is going under.  Too much of a mess.  Can't come back from that.  



Purplekush wrote: And their stock is up 13% today, "very atrocious" indeed.

I made over 5x on ACB two years ago, Thank you BOOTH!!!! 

Now Im stuck on this POS. 


 

Smokininvesta wrote: Absolutely atrocious. The company is treading water badly while being left in a disastrous mess. Wrote a cheque to UFC for $30 mill cash during the quarter to get out of that deal. At a time when cash is king like never seen before, they just had to give away $30mill. Rightfully ACB is printing all time lows when considering the 12x rollback. A real shame and embarrassment. 




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