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Re: dob77 post# 7319

Tuesday, 06/09/2020 12:36:55 PM

Tuesday, June 09, 2020 12:36:55 PM

Post# of 14223
Based on what Dob? A dream? It certainly isn't reality though - at the very best we have a valuation expectation of approximately 1.5x sales revenue so;

lets say they over achieve which i really hope they do;

* $24M this year x 1.5 = $36M = $0.22c CDN

now lets hope that rerating also happens based on the Q1 results of the big US MSO's and we get a 2-2.25x valuation multiple.

Then we are looking at a $0.25-$0.30c CDN by years end.


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