Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > I suspect end of year tax selling

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Comment by tinselfarmon Jan 05, 2024 12:37pm

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RE:RE:RE:RE:I suspect end of year tax selling

One thing people.forget is that mgt can't control the share price. The mkt has hated small caps for the last 18 months because it's scared these companies won't survive the current economic climate. Gdnp has lots of money in the bank and has a proven business model that is early in its life cycle. It's guilty by association with small caps even though it's business is solid. Year end tax loss selling was probably the culprit for the share dumping and that's understandable. I firmly believe that a strong q1 and q2 will pit gdnp back to a more reasonable mkt value and then some.

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