GREY:VDQSF - Post by User
Comment by
AccountabilityMon May 30, 2019 7:14pm
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Post# 29786933
RE:stock price
RE:stock priceOnce they get a license, that is the first step.
Let's mirror a Matica (MMJ.CN); a company with demonstrated trouble navigating the waters and is equipped with a similarly sized 10,000 ft2 greenhouse. Market cap is currently $27 MM.
Regardless of what anyone says, Vodis has had well publicized difficulty just getting a lciense. And, it is very reasonable to forecast these problems will continue with each sequential step of the plan (call it learning pains). Promise the world and underdeliver because of 'dot-com' or 'bong-bubble' hype and simply just not knowing.
If we put Vodis on the same playing field as Matica, there is potential for a five-time multiplier; unless they magically have CREDIBLE news.
Best case price target: $0.40/share. And that hurts given that my TSFA fund is about to be hit. This is athe carnage that Terry Booth (Aurora) spoke of.