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Re: Mr B post# 344

Tuesday, 04/27/2021 6:20:52 PM

Tuesday, April 27, 2021 6:20:52 PM

Post# of 369
yes, I agree, Nasdaq would be best. And while I don't like RS, I get that it doesn't change anything as the value of the company remains the same. I recently read an analyst putting a $3 price target on BRGGF, with worry about EU regulations which might bite into profits. But if they make Nasdaq, and if the RS happens, it would hopefully get the price above $5, triggering American companies and small cap funds to buy in because some have the $5 rule to purchase.

RS doesn't always work, but with BRAGGF making money, it seems unlikely a RS would lead to a backslide to $1 again. The story still shows growth and a solid business model. If true, it seems to me they will either make it on their own or become a takeover target. While my preference is they make it and grow a powerhouse, the intense competition of the space may require the larger to eat the smaller as a way toward growth.
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