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 AusCannMarket Cap$51m v $73m2H 2020 Revenue$716k v zeroGrowth rate20% per month v zero2H 2020 Burn Rate$4.1m v $3.4mProducts in Market4 v 0Cash on Hand~$10m v $26mProduction Capacity and TimingLGP: 110,000 bottles or 1750kg of dried flower per annum to commence in 2Q 2020. Current capacity is ~200-250kg / annum??AusCann: none - all outsourcedBreakeven expectations3Q 2020 v no timeline given
Find it baffling that LGP can be valued by the market lower than...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.72M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $11.23K | 89.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 339090 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 34000 | 4 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 167081 | ||
| Last updated 15.36pm 26/04/2024 ? | |||||
| LGP (ASX) Chart |