RE:RE:RE:RE:RE:Financialsrun33 wrote: thorgb1 wrote: run33 wrote: thorgb1 wrote: !
run33 wrote: Financials should be out next week..?.... Expect a book value of around $5.50/share (LIQUID!), yet this trades for whatever reason at $2.43 currently.
I feel like I'm stealing it,
I was thinking closer to $6 in hard assets. Makes no sense, but anyone buying here should have a nice win. Steal away man!
I honestly don't understand it... I rode the original SCYB from $5 average last Fall and made a tonne - and they were basically a shell. Now, they are loaded with assets and it trades less than half book value?
Not to mention, their 28% in Verano is going to be a 3x bagger in itself when they IPO - look at the valuations similar companies are getting.
I see no reason why this can't do $8-$10 by the time Verano IPOs. Am I on crack?
I’m right there with you. I think it’s been beaten down because it is still seen as a Canadian play due to the APHA connection. I think when Verano lists it will break that stigma. US plays are going to be the next big thing I think.
This quarters financials are usually released on the 24th which this year is a Saturday, so I would expect it Monday.
What's the stock going to do when they pubish a $5.50-$6 asset value? It's rare you see a stock priced so bass-ackwards.
Its not rare to see big discounts for loss of control for shareholders over company assets.... i.e. SOL is seen as Aphria's little b1atch company where Vic calls the shots to APHA interests, not that of SOL holders.... this is clearly apparent after all the dizzling set
of back and forth transactions during the last year