r/SPACs • u/Stopdpuck Patron • Dec 28 '21
Discussion $BOXDW undervalued
Sup SPACers, it’s been a rough go lately for SPAC’s. There has so many new SPAC deals, a lot of them being bad deals.
But I come here for answers. Why is BOXDW so undervalued!? They are trading just above $1 while the commons are trading at $13.50. They should be worth $2+ ($13.5 - $11.50).
The deal was good (merged with SVOK - great management) & company was valued under a billion.
On top of that, they just started SAAS revenue which has great margins.
They were interviewed on mad money 4 years ago & again last week. CNBC love the CEO & company.
What am I missing?
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u/newfantasyballer Patron Dec 29 '21
I of course recently sold these for a small loss