RE:RE:So SadIseevalue wrote: People don't like boring. 10% in a quarter is garbage though when you compare it to over all markets for same time frame.
Particularly in relation to the Cannabis sector as a whoe for the sme Qtr.
The stock suffers from lack of liquidity (also known as a lack of new investors who are unaware of QCA). "Build it and they will come" does not seem to be working as evidenced by the large and continuing discount to NAV/sh
NCIB buying, once statred, could help somewhat. But for the longer term, they need more investors to be aware of, and excited by, the story and the potential (quantified where possible) of the ground floor opportunties that they happen to be participating in at any given point in time.
The discussion on all the "irons in the fire" was better than usual...IMO there needs to be more of a regular effort in capturing the imagination of the investing public (other than via Qrtly Financial NR's which a new investor is unlikely to be reading as a first introduction to QCA).
I for one (as an existing investor) would llike to hear the results parsed into maybe four groups:
- Income earned as a result of loans made to private co's (continuing income?)
- Income from revaluation (as at XXX date) of the publicly traded Co's in the portfolio (and in comparison to the sector as a whole)
- zero to low valued investments (at cost), including warrant/option positions, that are expected to IPO (or other expected liquidity events) in the short term.
- long term bets (no horizon on liquidity events)
An over emphasis on long term bets can be a risky strategy, especially if the market tanks and IPO's become a much more rare sighting. It also means potentiially sitting on the sidelines for a period of time, while a sector out performs the market. Earning income (e.g interest) in the meantime can help to mitigate this.
MM