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26/02/18
12:50
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Originally posted by Dodgers
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Is anybody else of the opinion that CHP is currently undervalued at this $15m market cap?
Recent Securrency deal worth $4m USD / 10% stake for CHP and is forecast to be bringing in over $68m revenue by 2020 ‘on a very conservative scale’
Securrency is listing at a $50m USD valuation + they own a ‘significant stake’ in London Football Exchange which is doing an ICO for $350m USD
CHP also own a 39.25% stake in 20Four which has been earmarked for an RTO listing at a valuation of $21m+, putting there stake at a value of roughly $8 million
19.8% holding in RNL being worth over $1.5m at its current level, 9.2% holding in RFN worth over $1m at its current level, an increased holding of 80% in SynDynamics (has a JV signed already for 10,000 TPA of waste, CSIRO approval) & 50% holding in Medicinal Marijuna company MJLS, who also has a convertible note in US MM company Aunt Zelda’s
At 1 cent / $15 million market cap, I think CHP is undervalued IMO
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Doesn't the amount of shares on issues also determine the value of the share price. From what I can understand, the more shares that is on issue decreases the value. That's what I was told. Not sure if its correct or not.