MMJ 4.76% 11.0¢ mmj group holdings limited

NTA - Discount is absurd

  1. 601 Posts.
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    After last night's explosive HVT performance I cannot for the life of me understand why market opportunists (bottom feeders) haven't closed the gap more pushing sp to 30c. I understand HVT is volatile but uptrend seems firmly established now after a horrible past 6 months. CR might still happen but I think at much higher prices to minimise dilutionary impact to shareholders IMHO. Perhaps we don't need a CEO but just a CFO (INVESTMENT MANAGER)? The discount is absurd even allowing for nature of the industry (volatile but expanding). Blue chip LIC's trade +/- 10% to NTA, perhaps our discount should be 20% or less IMHO. Ox.
 
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