Sunniva Inc SNNVF

Market cap...$170+ million....

[Joeknowsjack]

Only 38 million shares outstanding....trading @ a projected 2.5 times 2019 sales...and  
isnt this suppose to be the best California mjn play in the biggest market???...village farms vff even has more shares outstanding and their count is 48+million....and that stock price finally rose hitting 20+ from $5 in a short time frame......any predictions with Sunniva?

[GreenSheep]

Short term.. I think it will drop under $4 again  Long term.. once the investment community "forgets: this current mess it will climb up again 

[Benedictus]

valuation based on current projected 2019 sales should offer a technical backstop... the lowest I could see would be 4.25 support being tested imo.  barring any substantial news event, snn may be range bound between 4.25 to 5.60 or so until closer to 3Q - 4Q when the glass house goes into operation. if we get confirmation on cad sale finalization and that obviates the need for another pp that

[EFW5370]

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