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chemist72

07/11/23 10:09 AM

#21016 RE: i_like_bb_stock #21015

Just look at Mogul as an example.

The big run there (more than 10X) started on Monday, Dec. 19, 2022. Not coincidentally, the acquisition of Flora Group was announced on Friday, Dec. 16, 2022.

Everyone on that board knew an acquisition was coming, yet the stock price didn't explode until the acquisition was actually announced (not sure if it was a PR or a tweet).
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jdcpa1

07/11/23 10:12 AM

#21017 RE: i_like_bb_stock #21015

I am trying to understand how big the contracts in Africa might be. The two hospitals have over 50M people they cover. And if as an example the company only received 10% adoption at $1 per month then revenues would be over $5M per month. Maybe I am over simplifying here but the opportunity seems enormous. They likely get over 10% adoption in due time and for more than $1 a month. Has anyone else done any math on this? And my understanding the contracts kick in this quarter... Thanks in advance..