Friday, October 30, 2020 7:32:00 PM
The share price hit $.20 on the merger news before the 1 for 15 split which is $3.00 today's equivalent. The odd thing is MCTC used to trade around $.02 ($.30 today) in 2017, 2018 and early 2019 before the merger. That was with no operations and no prospects.
Fair value here is roughly $1.00 per share based on intellectual property and the deals they have in place.
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