Post by
Thebeginner2020 on Jan 27, 2021 11:39am
Ridiculously cheap !!!
The company has several products making income. VERY trades 91 times the value of NSP.
You will of course tell me that there is not the same number of shares, except that it is not complicated to make proportions with the same number of shares.
If VERY would have the same number of shares as NSP, then it would trade at $3.24, which is 40 times the price of NSP!! Do the math yourself, compare the financial statements of the two companies and even look at NSP's MD&A and you will see that the company will return to its real value soon. $0.075 is ridiculously cheap and the price cannot stay at that level when compared with VERY!
Comment by
Northerencents on Jan 28, 2021 9:06pm
Yep there is a perfectly good reason that is the case they get it everytime
Comment by
stormnp on Feb 01, 2021 12:01pm
VERY had a 2:1 reverse split back in Oct 2020. So you are right. The ture value is $3. They grow from $0.5 to $3.5 nearly 700% increase. We should reduce our shares too. SP may start to increase. Too many shares on the sell every day.