LGP 2.02% 9.7¢ little green pharma ltd

Lgp vs can asx, page-3

  1. 7,335 Posts.
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    If you really are thinking of between those two and have to question it , I would say you havent done your research.

    I dont even hold LGP and can tell you they are miles better than CAN. CAN management had first mover advantage, licenses, cash, and partnerships with expertise, yet could not get a greenhouse built in 3 years, again when they had all the cash and licenses to do it. They raised $78 million in 2017and $40.2 million this year.

    So in the last 3 years $118 million, what do shareholders in the company have to show for it? Not even 1/3 of a greenhouse is completed in 3 year, and is losing more every quarter the last year they have avaeraged a loss of 5 mill a quarter.

    On the other hand you have LGP, that are actually cash flow positive for the first time last quarter with revenue 18 times that of CAN.
 
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