Friday, May 08, 2020 9:47:37 PM
CAVR remains largely undiscovered. $0.02 - $0.03 should be achievable as soon as next week, but ultimately will depend on how many new eyes and buyers today’s press release reaches.
If the company can attain the exposure that it desperately needs, $0.02 - $0.03 targets may be too low.
For example, look at charts for KGK*Giraffe and PCT*Lion
Both companies have larger trading floats than CAVR. They also have less than $2 million in annual revenue.
From today’s release, CAVR appears to be on track for $10+ million in revenue this year. Check what price and market cap the aforementioned companies are trading at.
Based on those revenue:market cap ratios, comparable targets for CAVR would be $0.08 - $0.16, imo
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