LGP little green pharma ltd

I find it baffling that LGP can be valued by the market lower...

  1. 817 Posts.
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    I 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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(20min delay)
Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $39.73M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $44.74K 344.3K

Buyers (Bids)

No. Vol. Price($)
3 82351 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 85917 4
View Market Depth
Last trade - 16.10pm 05/09/2025 (20 minute delay) ?
LGP (ASX) Chart
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