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Re: None

Wednesday, 02/10/2021 3:50:01 PM

Wednesday, February 10, 2021 3:50:01 PM

Post# of 4067
Golden Leaf's annualized run rate is now $24M, based on $6.2M reported last quarter. Now that they are cash flow positive shouldn't the market cap be 4-5 x annual revenues. Somewhere around $100M, not the current $68M. Seems too low for the revenue they produce. Took a starter in case I'm right :) glta

https://www.globenewswire.com/news-release/2020/11/19/2130517/0/en/Golden-Leaf-Holdings-Announces-First-Cashflow-Positive-Quarter-and-Record-Quarterly-Revenues.html

Posts are my opinion only, and not advice of any kind. glta