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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP - Post by User

Post by davgroon Oct 20, 2022 10:47am
233 Views
Post# 35036198

Initial Position in GDNP

Initial Position in GDNPI have been watching GDNP for some time since it was first covered in the Cantech Letter in December 2020.  I took an initial position today at C$0.28 after yesterday's selloff. 

I agree with many of the posts here that the stock is extremely undervalued and now oversold.  As others have mentioned, small caps are out of favour which creates opportunities for patient contrarian investors.  I too contribute yesterdays large volume (620K+) to one or more weak hands that needed to sell their positions.  I will be very interested in seeing Beacon Securities analyst (Ahmad Shaath) next opinion and target which will probably come after Q3 2022 earnings (Expected Report Date: November 28th, 2022).

GLTA
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