RE:RE:Re:Re:Re: more blood todayI think there is a big difference between the big share price
drops for CGC, Tilray, ACB etc and what is happening with
Agra. Agra is being pulled down with the rest of them and
clearly investors now want to see the earnings rather than
trading on the hype. The above stocks need huge earnings
to justify even the substantially reduced stock price and
valuations. That’s not the case with Agra. Agra is now valued
at less than $150 million, with licensed and soon to be licensed
facilities that rival the growing capabilities of companies with far
higher valuations. At .16 and assuming a 20x earnings rate , Agra
only needs to earn a profit of $7 million to justify the current
share price. To me that makes this a hugely undervalued stock.