Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery... see more

CSE:SONA - Post Discussion

Sona Nanotech Inc > Torrent book value
View:
Post by geeseman on Jul 24, 2020 8:58am

Torrent book value

Does anyone know what the book value is based on the current holdings of Torrent Capital.  They hold SONA and IVM share, both that have skyrocketed

Thanks
Comment by igold8 on Jul 24, 2020 9:22am
likely significant higher than the current SP, by my math $0.79 just on SONA alone!!! Assuming holdings is the same this is based on Q1 reports below $14.19 x 1,335,000 = $18,943,650 over Weighted average number of shares outstanding 23,981,667 =$.79/share https://torrentcapital.ca/wp-content/themes/stratusx-child/financial-statements/torrent_capital_financial_03312020.pdf https ...more  
Comment by PresidentBiden on Jul 24, 2020 9:36am
If they are still holding all the companies that they were on March 31st, it is severely undervalued just on a cash basis alone. Torrent Capital (TORR) 1.68 M shares of Kneat.com X $1.85/share = 3.1M 2M shares of WildBrain X 1.25/share = 2.5 M 600,000 shares of Rockify (Not Public) 1.3 M shares of SONA Nanotech X $14/share = 18 M 377,000 shares of IMV inc X $5/share = 1.85M 300,000 Resolute Health ...more  
Comment by geeseman on Jul 24, 2020 10:01am
Thanks for the information.
Comment by SuperNovaPlus on Jul 24, 2020 10:30am
Thank you for that information
Comment by hfx1proud111ns1 on Jul 24, 2020 9:50am
Don't know the book value but they also have a major position in WildBrain / DHX. This was a $10 stock bought Peanuts franchise for $300 mil this debht load caused them to go down to $1.25 but they are getting their act together and have the potential to become a $6 to $8 stock which can only help Torrent
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities