OTCPK:KATFF - Post by User
Comment by
MrIcemanon Jul 15, 2019 10:02am
85 Views
Post# 29920221
RE:RE:RE:My SA post from 3 days ago
RE:RE:RE:My SA post from 3 days agotopdop wrote: Market cap currently CAD$760 miliion; should be closer to CAD$4 billion in my opinion... you do the math...
Yes, I totally agree. KAT should be trading at around CAD 2 by now. That's the fair value for this stock. Seeing how hard it is for KAT to rise over .50 is an anomaly. At this price level everyone and their brother should be buying this stock all the way up to CAD 2, and after that start looking for opportunities to take quick profits at CAD 2.00-2.50.
I'd like to see KAT at CAD 1 by the end of July (2019), and at CAD 1.50 by the end August. That would be over +200 % in 6 weeks, and we would still be trading well below the fair value of this stock. As topdop hinted above, KAT should be valued at around CAD 4 billion, not CAD 850 million.