GREY:CNTTQ - Post by User
Post by
EdiblesRlifeon Jul 30, 2019 1:53pm
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Post# 29975754
Canntrust an easy double
Canntrust an easy doubleAt these levels, if Health Canada does not suspend or revoke their license then this company can easily double in value. It's a gamble either way but the book value is like $2.20 CAD per share with no goodwill, just pure assets and little debt. It's trading at 2.80 right now cuz investors, especially in this sector are a fickle bunch. But I maintain, if Boeing can kill hundreds of people and still be worth 200 billion and trade on the open market, Canntrust should only get a fine and move on with life