RE:RE:The problemBingo!
thorgb1 wrote:
Good God, where to begin.
Burns through significant cash? When was the last raise, and how much? They are not burning through tens of millions a year, so your suggestion that they burn through significant cash is patently false. APH overvalued? It’s undervalued if anything. The lowest cost producer and only LP that is turning a profit for 2+ years with the best international footprint is likely worth $5B right now, consensus analyst forecast is $26 a share, I think. And that’s before an investment by a multinational beverage or big pharma partner. If/when that happens, all these forecasts will be revised upwards by a significant amount, and I think your assertion that APH is overvalued is based solely on the existing Canadian market, which is ridiculous. In terms of a cash deal, no one is doing cash deals in this space yet, because they are not generating profits yet. Give it a couple of years.