GREY:TSTIF - Post by User
Post by
ImmanuelK1774on Jun 13, 2019 9:25am
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Post# 29821710
Valuation
ValuationEven after an impressive move in the share price of late the stock remains incredibly undervalued. The market cap is a pathetic C$42 M which is just 36% of the capital invested to bring the technology to the present. At a bare minimum and without factoring in potential unit sales growth, recurring consumable revenues, positive cash flows and a takeout premium the stock at the VERY LEAST should trade at $100 M in value which is more than 2x the current price. That is is the absolute baseline. It would appear as though some investor out there sees the same value disconnect as the one I just described. The argument of at least 100% move higher to the baseline is an easy one to make. The path higher also seems more probable given the lack of selling pressure/overhang that remains. This is a great buy to at least $1.00 technically as well. We are just about to cross the 200 dma which should set off some technical alarm bells. Another GPO deal will blast this stock well through $1 as well.