Hoping a few GTP followers answer this post. I have been tempted to sell around $2, but I am hoping my wise half (of the brain that is) is right, it said dont.
There may be a bit of extra hype built into this years 1st harvest, but GTP do have a 3 year sales contract, and after following the company for many years (as a tree investor), I believe the 5 - 9 years will show some major turnover.
As too profits I am not as confident. From what I understand, 90% will be returned to the growers. That leaves 10% to cover maintenance, management and shareholders.
I am sure I am not seeing the whole picture here, so any comments would be highly appreciated...
I HOLD....
GTP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held