Post by
haunsolo on Feb 20, 2020 3:26pm
Cash vs. Market Cap
So we don't know the current cash balance but it should be about $40 million CDN.
Market cap is currently $75 million CDN, so the company minus cash is valued at $35 million CDN.
Don't know about you all but that seems a little on the cheap side to me.
Lots of regulatory hurdles here, no near term cash flow until probably 2022, muted Kuida sales.
So we'll see. I'm a buyer here.
Comment by
JustAnotherLong on Feb 21, 2020 4:52pm
I worked out it got to 85% down from the absolute 12 month high. Even if it only retraces to 75% down that's $1.20 per share.
Comment by
Chal112 on Feb 21, 2020 7:57pm
dont overly discount the value of Kuida. Look out for surprising sales number in April for the brand.