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Tuesday, October 09, 2018 1:10:04 AM
Currently if we just look at market cap alone for another (as close as possible, in the same sector at least, 5B+ share structure) MJ-related company, MJNA is at about $300M and MDTR is at $125M. That means to be equivalent MDTR can go to 2.4x current price to match market cap 1:1. Digging into the financials, while both co's have sales MJNA has $2M loss which puts it worse than MDTR. Even with losses MJNA has been as high as $660M market cap (an equivalent of 5.28x MDTRs current share price). So a realistic range that is achievable as demonstrated by another company is $.0548 (2.4x) to $.1204 (5.28x) since MDTR is in a better position and showing better COGs ratio, business model, and is a prime candidate for acquisition...? Seems like a dime is well within the reach of MDTR if/when the right storm conditions lines up.
All IMO of course. But looking for long target points. What say all of you???
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