Post by
SAGDollar on Dec 09, 2020 11:33pm
Why an analyst forecast of $5.13 CAD?
$5.13 CAD= $4.00 USD which is the minimum listing price for NASDAQ. Coincidence? I think not, the converted share price is literally within a penny of $4.00 USD. I think this is Noel's subtle hint.
Comment by
brad129 on Dec 09, 2020 11:41pm
this hasn't changed since Aug 9 so four months ago. It was always the $4 US or $.50 pre consolidation. here is the link to confirm https://www.google.ca/amp/s/www.cantechletter.com/2020/08/stagezero-life-sciences-has-a-massive-upside-clarus-securities-says/amp/
Comment by
SAGDollar on Dec 09, 2020 11:48pm
Ahh yup. Thanks Brad, I think it's bed time lol. Cheers.
Comment by
ThisIsYerChance on Dec 10, 2020 12:22am
Yeah this is yer chance to go to bed BRAD.
Comment by
MissUniverse on Dec 10, 2020 8:19am
estimate 5.13 vs. reality 0.64 future looks bright ! our revenues are growing ! we are hiring people ! investors are happy !! the world is a beautiful place !!! OMG BOLTA
Comment by
davewho on Dec 10, 2020 9:43am
not sure if thats the case. It was always in C$ according to my TD account. It shows the new target of $5.13C and a reiterated buy by the Analyst Atkinson from Clarus dated 08Dec. After the latest CC. It does convert to slightly over the $4 mark needed for Nas listing.
Comment by
skier59 on Dec 10, 2020 10:15am
Well the good news is that once the Biden Admin takes control of the Office they said they will make TESTING throughout the USA as a TOP Priority. This will equate into increased testing at our Lab in Q1. Q4 numbers should be really good, far better than Q3 as mentioned in the CC, and Q1-2021 should be really big testing numbers along with Aristotle Launch.
Comment by
Nailbiter1 on Dec 10, 2020 10:29am
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Comment by
MissUniverse on Dec 10, 2020 11:30am
i dont really understand now. cc was great. in Q3 we miss the estimated with a lot. but still de only 1 analyst increase sp to 5.13 ? based on missed results you increase the estimate? mathematically makes no sense.
Comment by
brad129 on Dec 11, 2020 11:20pm
according to Noel, " other platforms are not accurately capturing the data and may be incorrectly multiplying certain data by the US$/C$ exchange rate."
Comment by
davewho on Dec 12, 2020 9:51am
Thanks Brad for reaching out to Noel for info on the 12 mon target price. So is he saying his target was in C$ or US$? From your post I'm guessing he's saying its both depending which brokerage / site one uses? TD today shows $5.11 from yesterday's $5.13 so it appears to be floating slightly with the exchange rate.
Comment by
brad129 on Dec 12, 2020 12:17pm
I think you answered your own question if TD was $5.13 now 5.11 the target is in US figures. Clarus supplies their data to pension fund, mutual funds, and Hedge funds. believe it or not most things are in US dollars, I have suppliers with product made in Quebec and have to pay price in US dollars and converted on the daily spot price.