GREY:ISOLF - Post by User
Post by
thediggeron Aug 01, 2019 8:27am
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Post# 29983049
ISOL is way under value
ISOL is way under valueThe actual share price is a non sence. ISOL book value was $91 millions back in December 2018 (just 7 months ago...). 3 times more than its actual market cap. Bashers and manipulators did a wonderful work to move it down, they gave us a good opportunity. I agree that the rejection of the Carlsbad deal didn't help, but this happenned in 2019, no impact on the December 2018 result. They even had more revenu and more employees in 2018 than Hexo corp and look at their market cap right now; unbelievable. I don't say the ISOL market cap should be 1.3 G like Hexo, but 14 M, really? This is ridiculous. So, worst case: if the current stock price reflects the current situation, the sales of their assets minus their liabilities should give us a lot more than only $0.35/share. So, I don't think we need to panic here. I just don't get it why nobody made an offer yet to buy them out...