GREY:CHALF - Post by User
Post by
unclebobieon Jan 26, 2021 4:13pm
323 Views
Post# 32390494
Well, well, well GLH is well - 4 cents CAD
Well, well, well GLH is well - 4 cents CADBasic premise of business is first of all produce a product that is in demand. The next tenent is provide a cost affective, superior product with solid marketing. In order to expedite these fundementals requires a well managed corparate team. Mr Yapp has assembled and directed such a team. He has raised Goden Leaf Holdings like pheonix from the ashes to a solid functioning frim.
The USA probably the most lucrative market in the world is about to open up. The demand for legal cannibis product will rise exponentially and more specifically the edible segment. Sales during the pandemic have been positive and now new markets will contribute to higher demand. Golden Leaf Holdings has taken opportunities to strengthen their ability to repay debt which insodoing, frees them to aquire new business oppotunities.
Mr Yapp and the team have successfully navigated the growing pains of a business start up. Most of us who are long - term investors were frustrated with previous leadership but those days are now behind us. As I have pointed out in the past : many investment firms are now looking favourably on Golden Leaf Holdings - as it should be. The movement of our stock is and will continue to rise as the market embraces US legalization.
In the near future,where will be many new investers both sophisiticated and novice .The neophytes will buy Golden Leaf Holdings with the mindset of getting rich quick. The Canadian experience demonstates the phenonmenal surges in stock prices upon legaazlization. There is every reason to expect that this buying frenzie will far eclipse that of Canada. In addition, the price point is very attractive to newbies.
The dilution issue at this stage of the emerging market while initial punitive in the short term is beneficial in the long term. In terms of taking advantage of future opportunities dilution is a necessary evil. But if the resulting share values rise due to the lagalization then there is no harm and no foul. The dilution pales in comparison to soring stock values.
My prediction is we will look back at 4 cents CAD as a fantastic entry price.