TSXV:GDNP.H - Post by User
Comment by
dileas48son Jun 03, 2021 7:01am
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Post# 33317334
RE:Upgrade might be in our future
RE:Upgrade might be in our future I neither want them to uplist or think that they should exert any energy for that effort.
They are not intending to drive meaningful EPS. At least not yet. Paul has said over and over again that he wants to build revenue, and maintain a gross profit in the 32-34% range. Sometimes it will do better and sometimes it will do worse.
He will continue building this company over the next 3-4 years where I expect it will be generating around 300+ million or more in revenue and then shop it or start receiving offers for 3-4x revenue, or about $3-$5 / share (at today's share count).
I don't think shareholders should expect profit, but they should expect growth with a respectable balance sheet. My bet is this company is bought out before any uplist.
Muney8 wrote: With the latest acquisitions and strength of the Balance Sheet we must be in a position (probably already in the works) to upgrade to the TSX. Not only is this normal for successful Venture companies to Upgrade, it is overdue in my opinion....GDNP is now ready for the big leagues where the capital markets/institutional investors are impatiently awaiting their arrival. Good things are going to happen with this company. Great management, incredible model and the timing could not be better for this technology.
Go get em!