RE:RE:RE:Here we go UNDER $8...Sorry to stick my nose in this discussion but I don’t think it’s a fair comparison. I admittedly don’t know much about LEAF and what their ‘offer’ is. I don’t follow them. You are comparing a company that has traded for almost a year to one that has barely traded for 4 months. I see that LEAF opened for trading at $9 then bounced between $7.45 and $9.25 until October (4 months). Then Constellation invests in Canopy and the whole sector takes off. They ride the wave until early January when SNN starts trading. After the sector peaks the day before SNN starts to trade the entire sector as a whole takes a dive. A glossy brochure is just lipstick. It wouldn’t have changed anything.
If SNN had started trading last June it would have started at a much lower price point. It too would appear to have doubled at minimum. Initial investors got in at either $1.25 Canadian, $2.55 US or $3.40 Canadian. A June 2017 IPO would have probably been around $4-$5. A large number of the major stock holders are in SNN for a much lower price then the current price. Although not happy like all of us they see the potential of the company and are patiently waiting. If they didn’t they would have bailed and taken their profits.
I understand everyone’s frustration with the stock price and changes in location. In the end the management has to preform and execute. I have a lot of faith in this group. I’ve invested with Tony before and been rewarded. Have patience and you will be rewarded too!