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Re: Moonboy1 post# 40761

Friday, 01/25/2019 3:04:10 PM

Friday, January 25, 2019 3:04:10 PM

Post# of 70339
PPS is irrelevant when comparing companies. It’s the market cap that matters.

Not sure about the numbers a year ago, but when they were flying high in Oct/Nov 2018 (ACB at $12 and CGC at $60), market caps were 12B and about 18B respectively. That’s the metric to compare.

CGC has recovered quite a bit, almost 100 percent from it’s low of $25 per share. ACB has only recovered about 40 percent from it’s low. It’s def lagging. We were on our way before the news of the debt issuance.
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