It’s apparently cheap because the shares are not traded on a stock exchange. PM is merely a platform to allow buyers and sellers to trade shares, but in no way is it a stock exchange thus the shares seem incredibly cheap compared to similar companies which trade on “proper” exchanges.
If VGW lists on the Nasdaq later next year as foreshadowed by the Company last month then I would think it’s a $40+ share.
Let’s see the current 6 monthly results to get a view on how well it continues to trade. This will also allow a better view on valuation.
