No, the all time low is .444, all time high is 2.70. Both of those are facts. Which one are we closer to?
Another fact, since we hit that high of 2.70 there has been hundreds of millions of shares added to the outstanding share count.
So...
2.70 x 550,000,000 = 1.48 billion dollar market cap
.56 x 550,000,000 = 308 million dollar market cap (current)
.44 x 550,000,000 = 242 million dollar market cap
Like I said, this company has probably seen its best days when it comes to share price. Their market cap may increase but so will their outstanding share count. By the time this is a billion dollar company there will probably be a billion shares.
Feel free to provide any information that would support a billion plus dollar business. I know there has been some scrapped deals and such. What has Auxly added?
How many more are gonna fail or back out? That is something I can not forecast but based on current trend it isn’t looking good.
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