RE:RE:New Press Release - Indiva Reports Record Fiscal Year 2022 Resultscarlp727 wrote: Sweet...and up we go....l see a .13 - .16 by Friday close, but a .22 would he amazing...
Hmmm. Could also hit a dollar by next week.
Well, if they do the inevitable reverse split that is.
Ok results. Not sure they'll ever be profitable, or at least at any level that's meaningful.
Interesting about Wana losing market share, but not surprising with all the new entrants. Plus for those wanting to stick with Indiva produced products, anyone who has tried Pearls may never buy Wana again, and Pearls are at a much cheaper price point. Phenomenal product, texture, taste, cannaboid mix, and you even get 5 of those yummy balls.
Barring a low dirty all share takeover bid from SNDL which would likely be at a 30% premium, I think this may be dead money for the foreseeable future unfortunately. No short term catalysts and the only long term catalyst would be Health Canada allowing for more mg per package.
And at some point, as previously mentioned a reverse split is inevitable imo