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Just running over the numbers again, assuming these

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cdh11   Thursday, 09/13/18 09:22:00 PM
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Just running over the numbers again, assuming these acquisitions close, if I apply a 10x multiple to the forecasted 14 million EBITDA for 2019 I get $2.56 per share on a fully diluted basis. if I use the high end EBITDA of 18 million I get $3.29 per share

If you use a higher multiple of say 20x EBITDA for 2019 I get a share price of $5.12 for 14 million EBITDA and $6.59 for 18 million EBITDA.

If I use 20x 2020 forecasted EBITDA numbers of 26 million and 31 million I get a share price of $9.52 and $11.35

These are best case scenario numbers but in all reality I think this will trade somewhere between 2.50 and 10 bucks by year end depending on how high the market decides to value this thing.

If the Weed market in Canada crashes after legalization and it ruins sentiment and causes multiples to tank then anything can happen but I think we all can agree that 1.69 is still very undervalued here
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about an hour ago

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