A stock that’s just too cheap to ignore
thanks for the write up! few questions: why are they sitting on this bag of money? did they communicate any plans?
how are they gonna grow, are there no possible options to use that pile of cash for creating more growth or even shareholder value?
in this press release they said the buyer of the stayner campus didnt meet their conditions and thats why the deal is off. https://ir.thecronosgroup.com/news-releases/news-release-details/cronos-terminates-sale-leaseback-peace-naturals-campus/
thanks for the write up! few questions: why are they sitting on this bag of money? did they communicate any plans?
how are they gonna grow, are there no possible options to use that pile of cash for creating more growth or even shareholder value?
in this press release they said the buyer of the stayner campus didnt meet their conditions and thats why the deal is off. https://ir.thecronosgroup.com/news-releases/news-release-details/cronos-terminates-sale-leaseback-peace-naturals-campus/