RE:Current Fair market valuation of 83 cents You think 10 x top line should be the determining valuation? That would give FAF a $10 price target, making it a much more attractive multiple than N. Acura thinks you should sell N and buy FAF based on his deeply insight valuation process. Or you could do 5 or 10 x EBITDA, which would give a negative valuation for N. I hate to break up the party since you're doing such lovely analysis but for anyone new, maybe research how people who know what they are talking about typically valuate an organization.
Acura001 wrote: Based on projected 27 Annual Revenue and a 10X sales valuation they should be at 83c a share. They also have 46,000,000 in Assets and $42,000,000 cash on hand after the bought deal. Enough to survive the burn rate / expansion. If US changes their policy, Revenue could 5X in 2021 further increasing valuation to what we saw during the Canadian frenzy back in 2017-18 to the $3.00 range. Sprinkle the potential of another 350,000,000 next door market and you have a time bomb ready to explode.