LGP 4.55% 11.5¢ little green pharma ltd

Find it baffling that LGP can be valued by the market lower than...

  1. 794 Posts.
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    Find it baffling that LGP can be valued by the market lower than AusCann (AC8). Here is my quick comparison between the two. Am I missing something? Seems to me LGP is undervalued.
    LGP v AusCann
    Market Cap
    $51m v $73m
    2H 2020 Revenue
    $716k v zero
    Growth rate
    20% per month v zero
    2H 2020 Burn Rate
    $4.1m v $3.4m
    Products in Market
    4 v 0
    Cash on Hand
    ~$10m v $26m
    Production Capacity and Timing
    LGP: 110,000 bottles or 1750kg of dried flower per annum to commence in 2Q 2020. Current capacity is ~200-250kg / annum??
    AusCann: none - all outsourced
    Breakeven expectations
    3Q 2020 v no timeline given

 
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Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $34.70M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $5.153K 46.78K

Buyers (Bids)

No. Vol. Price($)
3 44465 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 55780 7
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
11.0¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
10.5¢ 11.5¢ 10.5¢ 80400
Last updated 14.13pm 14/06/2024 ?
LGP (ASX) Chart
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