GREY:IVITF - Post by User
Post by
doubleLson Jan 23, 2018 8:16am
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Post# 27414113
Why is the Market Cap of this company still sub$200m?
Why is the Market Cap of this company still sub$200m?I've seen analysis posted on this board explaining all the rationale under the sun for why this should be trading at a minimum of $4.60 (2x current valuation) if not greater. Little to no debt, actual earnings, growing production capacity that is very competitive to peers, etc...
Is some of the issue simply marketing, not being 'cool'?
Personally I think not having a strain 'brand', extremely poor website for AB Labs and possibly the set-up of the company being difficult for others to see as a takeover target (given that the company itselfs vision is to acquire undervalued companies). Except how would it go about doing so without raising capital for these overvalued companies -- which it cant do fairly at current valuation without terrible dilution.
So what's next?
I'm VERY long, and heavily invested because I can't understand the current valuation despite the concerns above... but does anyone have thoughts on those issues I've addressed?
Thanks,