LGP 7.14% 13.0¢ 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
13.0¢
Change
-0.010(7.14%)
Mkt cap ! $39.22M
Open High Low Value Volume
13.0¢ 13.0¢ 13.0¢ $5.333K 41.02K

Buyers (Bids)

No. Vol. Price($)
5 71466 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 346587 16
View Market Depth
Last trade - 12.49pm 10/05/2024 (20 minute delay) ?
Last
13.0¢
  Change
-0.010 ( 3.70 %)
Open High Low Volume
13.0¢ 13.0¢ 13.0¢ 15000
Last updated 12.50pm 10/05/2024 ?
LGP (ASX) Chart
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