TSXV:GDNP.H - Post by User
Post by
PlasticOnoon Nov 26, 2020 1:26pm
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Post# 31981978
The stock is in lala land
The stock is in lala landMarket cap at 80m at current level. Even if GDNP had a good Q4 it could turn out to be at 16-17m revenue for the 12months. Valued with a revenue multiple nearing 5 times is utter nonsense. And there is a possibility of another offering or something of that kind with considerable dilution. Even to grow the company at max speed makes sense longterm if they want to become the "Amazon of bioplastics" the stockprice doesn't make sense at this point.