So, let me get this straight.....
Using Market Cap of $570 Million (YAHOO) divided by PPS of 1.01 (todays price). CBWTF Shares = approx. 564 Million. CBWTF #3 Producer
I own Aurora ACBFF which has a Market Cap of 4.53B (YAHOO) divided by PPS of 7.87 (todays price). ACBFF shares = 576 Million, ACBFF #1 Producer
Lots of factors here;
Questions to ponder:
1) Which one is the better investment?
2) Which company has the better business model?
3) Is a PPS factor of approx 7.9 to 1 (Aurora vs. Auxly) a good indicator?
I'm thinking Auxly should be priced higher than it is, not much more than $3, but when revenues start coming in, then what?