TSXV:ELXR.H - Post by User
Comment by
eljoroon Feb 20, 2020 10:59pm
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Post# 30715993
RE:Little Green Pharma up 30% on the ASX today
RE:Little Green Pharma up 30% on the ASX todayELXR owns approx 33m shares of LGP (and could be more if they are using some of that recentl strategic investment money to buy shares on the open market).
33m X .45 (current price at 3pm aussie time) X .88 ($AU to $CA) = $14.85m
ELXR's market cap is at 25m, at .045/share
This should be .06 minimum, and that doesn't take into account any value for Tricho-med.
Huge value here. I've recently bought 250k at .04 and will be buying more tomorrow at .045, if I can get it.