I understand your logic and what your saying but considering also that labs is set you turn over a billion dollars in its first year trading on the tsx and given that a lot of other companies will be in a similar circumstance, why sell now? I see a capital raise as a reasonable option compared to selling current assets. I want to see the current investments grow whilst still being able to add new investments to the portfolio. The real pop hasn’t even begun yet.. 2-3x is definitely a fair and conservative target but when you see potential 10 baggers everywhere why not CR now and lock in massive SP growth and investment return later...when the wave does come you will have a very big kitty to invest with and no more CR’s will be needed
MMJ Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held