RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:QCA, not an investor friendly company!theinvestor22 wrote: Completely wrong! You can't just wave a promotional magic wand and make investors appear.
Company performance is the only issue at present.
Here are the NAVs for the past few years. (BTW, these are my calcs of NAV, which include some options/warrants and the cash therefrom, so they might differ in a very small way from published amounts.)
Q1 2018 $.33
Q2 2018 $.36
Q3 2018 $.37
Q4 2018 $.36
Q1 2019 $.39
Q2 2019 $.37
Q3 2019 $.33
Q4 2019 $.29
Q1 2020 $.26
Q2 2020 $.29
Q3 2020 $.30
Q4 2020 $.31
You and I might think that there's lots of pent-up value in the company's investments, but promoting the stock likely won't work. Show results, then people will invest!
Nobody is asking for a magic wand
In 2018 QCA traded at a significant
premium to NAV/sh - aided by the Cdn cannabis market.
In 2019 and 2020 and 2021, up to today, QCA has been tradiing at a SIGNIFICANT
discount to NAV/sh
Sure momentum in the sector helped to garner interest in 2018. But we had a surge in Cannabis stocks in the last Qtr of 2020 and first Qtr of 2021. Nada for QCA.
QCA is now simply a
value play, but it should also be considered a
momentum play (if Roger's picker is working). Shouldn't be that hard to attract investors when you have
both going for you !
That is if they know about it.
MM