Post by
Accroche on Apr 21, 2020 4:25pm
Sativa group
Looks like a good acquisition to market the production of CBD with shelves products. But at what price??? Is it too expensive or faiur value?
Comment by
lscfa on Apr 21, 2020 6:43pm
Paying 9x sales is too much.......
Comment by
lscfa on Apr 21, 2020 6:48pm
9x sales is way too much considering not profitable any time soon. See image. God damn STIL mgmt must be desperate,
Comment by
lscfa on Apr 21, 2020 7:06pm
Undervalues STIL at $9.7 mil. Co. has spent over $20 mil to get extraction plants operational. $18 mil for Sativa (65%) + $9.7 mil for STIL (35%) of merged co. = $27.7 mil.
Comment by
Accroche on Apr 21, 2020 7:46pm
It's a letter of intend... What does it mean? They have to do due dilligence. Will they revise the price? I'm concerned with the management ability to make these kind of transaction. First Mota was way to expensive. Better this time but again, they worth more than this deal to me...
Comment by
lscfa on Apr 21, 2020 6:51pm
It's an RTO so where will it be listed - UK, CSE, or both?