RE:why so low?thesceptre1 wrote: I don't understand why MT sells for such a discount to CGC? their last quarter was 2.466mm sales and market cap of $256mm. MT was $1.711mm sales yet market cap of $62.4mm, a discount of 75% yet sales are 30% discount? anyone?
I actually sent an email to Investor Relation regarding my concerns about the MT stock price performance and I have not got anything back yet.
Mettrum has the second biggest patients and revenue among the public LPs yet its share performance does not fit into its position.
I figured most of the IPO shares(about 14M shares) are owned by the investment banker @2.5$/share and it seems they are not interested in selling them so there is no activities at all from Mettrum to promote the share price. And Mettrum right now has 11M$ cash this will be able to last for a year so they really do not need the money.
If Mettrum does what all the other LPs do -- increase its bio-inventory to 5M$(unsold weed), then they will be instant profitable and its share price could fly to 4$ just over a few days. But, they are not doing it either.
All these give me some wild guess -- they are positioning to sell to big tobocoo companies. Because he are still holding the majority shares so, reaching a good deal is very easy.
Just hold you shares and let it brew! Good things will come out of it.