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  4. Lexaria Bioscience Corp. (LXRPD) Message Board

A step in the right direction, is good to notice.

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Post# of 721
(Total Views: 227)
Posted On: 10/22/2020 6:24:10 PM
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Posted By: Ulf53
A step in the right direction, is good to notice. Though only a minor step, (small rise in stock price)yet a huge step in revenue and credibility in the open market. I see the momentum increase more coming trading days, we are still VERY undervalued, by all numbers.

I wonder if Chris would accept a buy-out tomorrow? If so, how would he value it?

Well, the experts would come up with a minimum sum for him I guess :-) With a company structure like this, the patent portfolio etc, it`s a bit more uncertain how to value it. He as biggest shareholder, would not be happy to accept less then 3 dollar a share is my guess.

With the coming uplisting in a couple of months, 500% revenue increase (for now) and a new patent approved for the 340 million EU market and so on... things can set of quickly now with gaining momentum.

GLTA


Ulf53


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