GREY:ALGWF - Post by User
Post by
NosajEwadon Jan 10, 2020 2:35pm
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Post# 30539882
HEre is an interesting read
HEre is an interesting readI found this on PharmaGreen's Board:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153160208 https://privateequitymarkets.us/newsletter/algwf-cannabis-biotech-african-cultivation-the-future-of-the-cannabis-industry-is-trading-at-less-than-a-1-million-dollar-market-valuation ALGWF trades at less than a 1 million dollar market cap in an industry that is completely forward looking and the average market cap typically exceeds 50 million dollars while in development stage. The revenues that can be derived from its "CBD Dana" plantlets alone could be valued in the tens of millions of dollars and as the company grows and is able to sell "CBD Dana" internationally revenue growth will be substantial. Now, this was posted on Jan 05 and after the IIROC halt. I'm not sure where this is going, bu maybe a buyout from one of the 'partners'.