If you had the chance to read the Q3 results, the net book value was $0.55 per share. With SpiritLeaf fully integrated in next results and the Alcanna deal, Sundial can keep growing EBIDTA and $1 per share is indeed possible. With a positive outlook the stock price should be above net book value.
"Asset value per share at September 30, 2021, including cash, loans, marketable securities and the Olds facility at net book value was approximately $1.4 billion or $0.70 per share (US$1.1 billion or US$0.55 per share)."