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Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

Numinus Wellness Inc. is a mental health care company. The Company focuses on advancing traditional and behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies. Its segments include Clinical research operations, Practitioner Training, Clinic network, and Corporate. Clinical research operations segment is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Practitioner Training segment is engaged in education and training for research and drug development organizations to support clinical trials and commercialization efforts. Clinic network segment includes wellness clinics, which is engaged in providing clinical services from psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management. Corporate segment includes finance, marketing, information technology, legal, and human resources.


TSX:NUMI - Post by User

Post by Retireyoungon Dec 29, 2020 9:36pm
259 Views
Post# 32194637

Why do companies undervalue their stock?

Why do companies undervalue their stock?I understand why companies do these finance deals but I don't understand why they always undervalue their stock so much. Every time I see this happen the price drops substantially and takes a while to recover. I'm frustrated but I'll hold it for the long term in any event. Hopefully it's not a real bad day tomorrow.
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