TSXV:NDVA.H - Post by User
Post by
LongTheGreenson Jan 22, 2019 11:44am
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Post# 29264751
Best value buy in the sector
Best value buy in the sector Indiva is a buy both technically and fundamentally. The cash balance is simply beatiful with very little cash burn compared to sector peers. They traded near cash value and are currently around asset value. Once they start booking and reporting sales over the next few quarters, people will realize why you load up on these low float quality LP's pre-sales, as they can run fast when things change.
This company was built for the sales of derivitive products (Oct 17th 2019) and will have clear advantages with rights to Bhang, Deepcell plus their own vape and oil products. London, Ontario will also be one of the best places for retail sales based on population, demographics and lack of competing LP's - framgate will be a big win for them and any other retail / medical sales will thrive simply due to siupply and demand. Hard to find many better value plays than this.