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Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > ACB = $500 million in assets + record breaking revenue
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Post by JRVansant on Jan 02, 2018 10:10pm

ACB = $500 million in assets + record breaking revenue

As at December 31, 2017, Aurora's cash plus marketable securities exceeded $500 million. The Company's cash position remains above $320 million, while the total value of Aurora's investments in Radient Technologies (TSXV: RTI), Hempco Food and Fiber (TSXV: HEMP) and Cann Group of Australia (ASX: CAN) currently stands at $179.2 million. The latter figure represents a return of 342%, based on original investments of $40.5 million, strongly validating the Company's strategic investment and partnership strategy. Aurora begins 2018 with unparalleled financial strength to accelerate its aggressive domestic and international expansion strategy.

For the month of November, 2017, Aurora achieved record net cannabis revenues of $3.1 million, based on sales of 354,000 grams

https://www.newswire.ca/news-releases/operational-update-aurora-cannabis-liquid-assets-exceed-500-million-667657313.html

Comment by VENMan on Jan 02, 2018 11:08pm
ACB can't have assets without Liabilities and those liabilities are to the tune of $103 million. ACB on the books, only has a book value of 60 cents and at $12 is trading at 20 times book value. ACB offered CMED 6 times book value. $3.1 million a month in sales don't mean jack squat when a company has a Market Cap of $5.3 Billion like ACB has right now. Still just wish CMED would have made ...more  
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