Bullboard - Stock Discussion Forum Sol Strategies Inc C.HODL

Alternate Symbol(s): CYFRF

Sol Strategies Inc. is a Canadian company focused on blockchain investments. The Company is engaged in the development of the blockchain and cryptocurrency ecosystem through its activities in the private equity and financial markets and its support for related technology innovation. Through its investments, the Company offers its shareholders exposure to Solana through its direct investing and... see more

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Sol Strategies Inc > calculation

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Post by 7thheaven on Mar 30, 2021 7:48pm

calculation

this company has 292 BTC @ 74K$ cad = 21M$
+ 10M$ from PP and current market cap of 27M$...
my understanding it's not overvalued...any comments?

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Comment by thseeker1 on Mar 30, 2021 10:31pm

Looks right. And that is only one way to show we are undervalued. Using PE shows the pps should be way over $1. The average PE for this type stock is over 20. The net earnings for just the last quarter was $.06 20x.$06 = $1.20. And if you project the single qtr to 4 Qtrs of earnings and your over ...more

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Comment by 7thheaven on Mar 31, 2021 6:26am

Thanks for you insight. Basically, "market" is waiting to see how they will deploy $$ from P.P. and not only add BTC on the balance sheet.

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Comment by Bimmaxbro on Mar 31, 2021 12:22pm

Seams we are the @ugly duckling @ of the crypto exchanges, when compared to other cryptos , market cap is cheap, PB is amongst the lowest, PE amongst the lowest,@ lots of money in the treasury and SP should be a bargain. Fortune telling is a mugs game but refer to the Bitcoin 3 month chart. To me , I see Bitcoin showing it's up considerably from its recent low and showing its partway through ...more

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