Post by
SouthernTierTom on Jan 18, 2021 8:36am
Valuation becoming very stretched here - imo
I was looking at this and shocked that it had a 1.6 BILLION CAD valuation on it.
I'm not looking at it any more
GLTA, watch the value of the company..closely - imo
Comment by
SouthernTierTom on Jan 18, 2021 9:51am
Is this worth 1.7 BILLION?? Hmmmm?? ; - )
Comment by
Newtrader1982 on Jan 18, 2021 10:06am
Maybe not at this particular moment but you are not buying what it's worth right now you are buying what it will be worth.
Comment by
Ciao on Jan 18, 2021 10:58am
To add further to your comment: TD used NAV (intrinsic value) looking forward x number of years and came up with a target price of $12.50. TD then upped the target price to $17.50 based on relative valuations between XBC vs. other hydrogen names. We are below both target prices at the moment.