Monday, June 29, 2020 10:09:18 AM
Click on link below:
https://ca.finance.yahoo.com/quote/DKNG/financials?p=DKNG
GPAQ has MC = $74 million as per Yahoo Finance:
https://ca.finance.yahoo.com/quote/GPAQ?p=GPAQ&.tsrc=fin-srch
Quite a difference between the two MCs. Market is futuristic, it doesn't look through the rear view mirror.
Besides I believe your revenues estimate for GPAQ is only for Phase I and Phase II development, doesn't include potential revenues from Phase III development.
Do you know what's the revenue estimates for NKL*A for 2021? Only $150 million but the current MC is close to $25 billion. By 2024 the anticipated revenue is $3 billion. That means the current MC is more than 8X their anticipated revenues for 2024.Look here:
https://www.bizjournals.com/phoenix/news/2020/03/03/nikola-going-public-after-a-merger.html
$GPAQ
Disclosure: This is just my opinion, not intended for investment advice. Do your own DD before buying, selling or holding securities.
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