Thanks for reminding the forum of those important considerations when looking at acquiring the remaining 45% of MCL.
As for relisting market caps & share price predictions..I think the only certainty is we don't know how it is going to react...Much will probably depend on announcements around the time of relisting...I would not place too much weight on the quarterly reports, investors understand CGB is still very much so in it's early development phase in respect to their hemp & mm divisions.
If we were all to take an honest assessment of the sector or even the market as a whole..When has logic or fair evaluation ever been applied to a stock?
If we looked across every market cap in the sector & actually placed an accurate valuation on assets I think you will find many are worth a pittance in real world hard analysis when placed against their current market caps.
In conclusion..It could go to 2c..5c..or even 10c on open..Not because it's logically worth that much or that little but because that's what the market is prepared to pay on the day.
