Indiva Ltd V.NDVA.H

0.035 on the ask

[QCINDIVALUVIN]

:(

[Clintcoin]

They are expecting record revenues this qtr and it seems like some kind of takeover/buyout is currently being negotiated as the extension for their loan from SNDL was extending by only 10 days. Whatever that price is, I'm sure it's higher than 4 cents a share. I bought more today at 4 cents. It looks like canopy was selling a bit last week, maybe they are selling more this week, or weak

[QCINDIVALUVIN]

Yes, planning to average down as well but keeping in mind our cash balamce must be dried out if no buyout. We were at 2.9 last Q. Take into consideration the 1.2 from Wana we shpuld have just received + 900 000 from LIFE, we had to be near 5m which is what we have to pay in liabiliities before next week. 

[Clintcoin]

Yea good point. In any case, the extension seems like good news since if Indiva was going to default on the loan it would be pointless to extend the deadline by 10 days unless they just needed a few extra days to finalize the loan payment or a takeover deal.  Even if we are left with no cash, I'm sure there are lots of financiers willing to loan indiva more cash at the current exorbitant

[caretired1]

The 2.9 million at last qtr end went down by the 2 million paid to Sundial so 900k plus Wana money.  I think the Life money was in hand at quarter end too. But they were ebitda positive q1 and will be q2. I cant see the major shareholders just walking away - maybe go private??

[ScarletSpider]

Should not be less than .15 to .20 a share. Ndvas numbers look as good even better than Northstar Gaming which i hold and is massively being depressed. There is someone ruining the share value and a buyout is most likely going to happen. Assuming a 5 to 10 times currently ask of .04 a .20 to .40 buyout is within the realm of possibilities. I hate all these manipulations. Northstar has a huge