RE:RE:Sundial the consolidatorI think it's hard to compare, Sundial is siting on a lot of cash which factors into their share price. So I don't think it's just credibility that's the issue. That said, they are ging to be perceived to be more credible for a number of reasons: they're much larger, more experienced CEO, much less relative debt, traditional grow practices instead of novel pod technology, much, much, longer burn rate. Revenue only maters if profit can be generated and while both companies are current;y uprofitable Sundial has more captial to deploy on growth and to protect them from going out of business before becomig profitable. DN by comparison has repeatedly had to dilute shareholders at worse and worse rates to grow, so obviously we'll get a lot more respect when we start demonstrating profitability, proving those dilutions were worth it.
Certainly if you were deciding which to buy I'm sure most people would agree Sundial is a far less risky investment. That said DN is the underdog, and we're all hoping that we will be richly rewarded for taking a much bigger risk for a hopefuly bigger reward.
golfyeti wrote: SUND vs DN
Just crazy that Sundial reports less revenues than us in the last 12 months but has a Market Cap of about $980 million CAD vs our $70 CAD, a 14 FOLD difference.
SUND trades at 17.4 times sales and DN trades at 0.4 times sales. WTF?!
One of these companies evidently has enormous credibility in the market and one of these companies needs to step-up and pull out their A game ffs...