Post by
anon90 on Nov 16, 2021 7:52pm
Insiders
Is there really any better indication with the future of a company than when you see insider buying? Also keep in mind the lead analyst on PAY left Stiffel to join the company. So many positive indicators as to why it should be bot. Once more funds are introduced to PAY we will see significant demand for the stock. A USA listing (eligable in March) will only increase their exposure.
Most importantly, as reported in Q3 earnings they continue to deliver on revenue growth and I suspect it will hit $50 mill for the full year, attach a conservative (below peer) multiple and see why there is real value in owning shares.
GLTA
Comment by
cananon on Nov 17, 2021 11:39am
I didn't realise their new head of IR was the Stifel analyst!!! WOW I guess he thinks the company is so good that he would leave research for it! Can you explain why a US listing is eligible in March?
Comment by
jrmktxplr2015 on Nov 17, 2021 2:15pm
I'm guessing but I think you have to be publc for a year on the TSX, they started trading March 2021. All things are pointing in a positive direction, not sure why we are trading down today but looking forward to the next couple of quarters!
Comment by
anon90 on Nov 17, 2021 2:51pm
This is great, buying stock cheaper than insiders is a good thing.
Comment by
anon90 on Nov 17, 2021 2:50pm
Minimum 1 year of TSX listing is a requirement for Nasdaq, I suspect they will go that route.
Comment by
cananon on Nov 17, 2021 9:17pm
gotcha. Nasdaq listing makes sense for them too since most of their revenue now come from US. US listing would be a huge catalyst