RE:RE:RE:Revenues for 2019vladdraq wrote: 5x revenues is damn low, micrsoft has 5x, but the MJ business is getting a way better yield. Even at a 5$ wholesale, anywhere between 8 and 15 X is more likely dependng on how much EBIDTA they generate. 2000 is not much i agree, but all those LP's with huge projeted sales ???? Organigrams has 22000kg and i thing she's top 3. At least with the Natura deal you know you have a decent production with qualified people already in place.
I'm saying that's where they SHOULD be trading, not what their long-term projected price should be. I also mentioned it's a bad metric and that it was a very conservative guess.
Also, need to consider the fact that once the purchase is completed, the market value will spike up due to the new shares being issued.
I think Emblem can move up, but based on how bad the street sentiment is and how slow they've been in executing, I don't think we're going to see a price change overnight. I think they should be trading around $1.75 right now at a minimum. It's pathetic they're below their RTO price when any other LP that listed at that time is probably up by a couple hundred percent.
The natura deal is a step in the right direction.