GREY:CHALF - Post by User
Comment by
daveinvestoron May 31, 2021 9:17am
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Post# 33295485
RE:RE:RE:Re: Buy rating $2.46
RE:RE:RE:Re: Buy rating $2.46I understand and it has been undervalued for a long time, including pre-consolidation.
The key difference this time, is that there is a very detailed report laying out why it's undervalued with a buy rating. We didn't have that before. All the events leading up to the report were necessary: Fund Raising, New Acquisitions, Consolidation. If those things didn't occur, they company wouldn't have an official buy rating and analysts saying it was undervalued. If you still don’t like what you see and feel your money is better invested elsewhere, you should sell. You will most likely even make a little bit more money than had you sold pre-consolidation.
mugs19 wrote: If Chalice is undervalued post consolidation then it was undervalued imediately pre consolidation. Yoiu can't have it both ways. My point being, it was already fairly valued when the SP was at 10 -11 cents/share. Why do a fund raising at 6 cents??? That was way too cheap.
I'm not not impressed.
mugs