TSXV:EVE.H - Post by User
Comment by
DerekVTXmanon Jun 21, 2020 11:46pm
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Post# 31175321
RE:Why
RE:WhyI can only tell you why I would still be buying Eve and not selling Eve. Considering what the assets are worth, the small debt they have, and the very low market cap.....I don't think it can go much lower. Melinda has proven fiscal responsibility, when others are losing $100's of Millions a quarter and going deep into debt and dilution, Eve is conserving money until they can increase the sales. Germany is close, Topicals should be close, edibles should be close.
I have been more critical myself than most, but at the end of the day the Rombouts are not idiots. They have been involved in and sucessful in the produce industry for decades. They have recently ramped up production, I am sure they have some aces up their sleeves. I believe the longs will be rewarded.