Blockchain Intelligence Group
09.10.2018 - Equity Research Report (english) // buy
Research Note - BIG Blockchain Intelligence Group Inc. - english
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ISIN: CA08906Q1000
Branche: Software-IT-Medien
Rating: buy
Kurs bei Erstellung in €: 0,098
Kursziel in €: 0,69
Mögl. Interessenskonflikt gem. §34b Abs.1 WpHG und FinAnv: 5a;5b;7;11
BIG Blockchain Intelligence Group’s (BIG) share price has been under significant pressure since the reverse IPO in December 2017. After the share was trading well above CAD 1.50 in January 2018, the current price is CAD 0.15 (08/10/2018 BIGG:CNX). This significant price drop is, in our opinion, not justified at present as the business model still seems attractive and the first half of the year developed according to plan. To our knowledge, the company only has around CAD 0,22m of cryptocurrencies on its balance sheet, so there should be no strong dependence on the price of general cryptocurrencies.
Wichtiger Hinweis:
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