RE:RE:Over half of eats beyond invests aren’t even on the market ?Yes, completely agree. But we still have to be realistic. We know that VERY is now worth 1.4M, GDNP 0.64M, GreenSpace $460,000.
Even if Eat Just had theoretically increased a similar amount as VERY (32x which I think is realistic given the fantastic news) and was worth 6.4M, I dont think the other companies have increased so much. Lets say they doubled. So altogether we are looking at <10M.
The market cap is now 80M, which is eight times that highly specualtive estimate of 10M currently held in their holdings. Furthermore, the public companies within the holdings are overvalued thgemselves (e.g., ~60 P/E for VERY), so the risk is leveraged with respect to VERY and GDNP.
No doubt this is a stellar longterm growth stock. I love it. Buy and hold for long-term looks good, but the current price is propped up and doesn't reconcile with anyway we can estimate their value. GL through the dips and think longterm.