InvestorsHub Logo
Followers 4
Posts 574
Boards Moderated 0
Alias Born 06/09/2016

Re: Bridget21 post# 8813

Monday, 09/28/2020 3:00:03 PM

Monday, September 28, 2020 3:00:03 PM

Post# of 14223
Hi Guys,

Ok, Cresus2019 just for you.

Lets just use a market cap to sales of 4 times. So 4 x $30,000,000

= $120,000,000.

And by then NGW outstanding shares at 175,000,000

$120,000,000/175,000,000 = share price of $.685

And yes, my thoughts by 2023 a lot can happen in the weed sector.

And Weed stock could move into high favor will increasing legalization. And therefore the market cap to sales could be much higher. And thereby the stock price could be much higher.

So that's my guess and I am sticking with it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.