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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

Bullboard Posts
Comment by 12CenterLineon Nov 26, 2019 2:48pm
88 Views
Post# 30394729

RE:RE:What a mistake not getting out

RE:RE:What a mistake not getting outI would honestly like to know where you get $0.10 from. If you look at the cash they have + investment in BaM. That alone is worth over $50M. So 50 million divided by approx 100 million shares is a book value of $0.50 per share not including their ownership of Mr. Naturals and Green Theraputics. So it's safe to say that they are trading way under book value at this point. So on a fundamental level it's a good buy. But remember the SP doesn't always reflect the true value of the company.

No doubt that ACB is dragging AUSA down. But ACB NEEDS AUSA. It like their last chance to hit it big in the US. Also ACB management has a lot of personal money invested in AUSA at $2. So they will be very motivated to create value.
Bullboard Posts