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Tuesday, January 22, 2019 8:10:02 PM
LCTC has 2,454,116 shares outstanding. At $4.18/share, that gives Lifeloc a market cap of just $10,258,204.
Cannabix is valued by the market at over 13 x that of Lifeloc. This is utterly insane.
Lifeloc deserves to be valued at least half that of Cannabix. That would equate to a stock price of $27.27.
If Lifeloc was valued equal to that of Cannabix, it would equate to a stock price of $54.55.
In my personal opinion, I believe that Lifeloc should be valued at closer to 2 x that of Cannabix which would put a stock price of $109.11
I only see two possible outcomes here - Both of which have Lifeloc trading higher than where it currently is.
Does anyone here on this message board disagree/agree with these thoughts?
I would love to hear some opinions.
Thanks!
Recent LCTC News
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 07:22:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:30:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 09:11:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 08:21:40 PM
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