Q3 vs Now !Pay attention to what's happening to Cannabis ETFs in the last few days (as the Biden victory looks to be more certain)
One up 12 % today and two that I checked are up 40% since Sept 30th (QCA next "valuation' date Qtr end)
Canopy up 13% today !
Aurora up 66% today !
That is why you are seeing Quinsam move up from .10 to .12.
More "catch-up" coming. Q3 (Sept 30th) likely to be only a distraction...unless they pulled of some amazing deals (very possible e.g City View Green)
So now they need to catch-up on two fronts:
1. general cannabis market driven by the US election results, and,
2. the fact that the NAV/sh of their portfolio is likely 2-3 times the share price. (whereas a premium, instead of a discount, would be in order)
Now investors can win on two fronts for this wildly mispriced asset !
MM