Post by
quinlash on Dec 14, 2023 12:06pm
RE:RE:Td gives current market book value of $1.57 !!!
So what you are saying is that "worse case" shareholders will get $1.57 per share or $10.57 per share post-consolidation ($1.57 x 10) ?
That may be the case but I am not seeing "worse-case" for Canopy, I am speculating that the share consolidation will do the company well and the higher-priced shares will attact more serious investors.
Currently I think we have too many "penny-flippers"
jmho