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Bullboard - Stock Discussion Forum Crescita Therapeutics Inc T.CTX

Alternate Symbol(s):  CRRTF

Crescita Therapeutics Inc. is a commercial dermatology company with in-house research and development (R&D) and manufacturing capabilities. It offers a portfolio of science-based non-prescription skincare products and early to commercial stage prescription products. It operates in three segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. The Commercial... see more

TSX:CTX - Post Discussion

Crescita Therapeutics Inc > NCAV = $0.637/share
View:
Post by Stonksonlyup90 on Mar 13, 2024 8:40pm

NCAV = $0.637/share

After the release of financials this week I'm seeing NCAV at $0.637/share.

Despite struggles in their manufacturing segment this does seem grossly undervalued here.

What are the chances the company implements a Substantial Issuer Bid and buys up a good chunk of the shares outstanding? Would be a good move for Management/the Board if they see a path forward with current products!
Comment by lscfa on Mar 15, 2024 12:32am
Cash/share = $0.47 and cash flow positive biz
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