TSXV:RLV.H - Post by User
Comment by
greggygreggygreon Nov 29, 2017 10:22pm
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Post# 27060177
RE:RE:conclusion???
RE:RE:conclusion???Sales are slightly less than what I think most people wanted (1.15 million) however I am quite impressed that their net loss is only $127k.
I expected fairly large consulting fees, perhaps they will come next period, but man only .0019 loss per share! To me that is a great first quarter.
For a quick valuation, 4.6 million in annual revenue, @ 5x revenue that's a 23 million valuation as of this quarter. Currently we are sitting at roughly 17 million market cap.
23 million valuation / 66 million shares = share price of .35 cents!
Now play with the numbers in anyway you want and see what you get! Add in whatever revenue growth you might expect and you can see where it takes us!
Defaulter wrote: I honestly don't know what to conclude...I think I might have to sleep on it....perhaps not waking up would be a good idea........
THFC6k wrote: what do you think about them, im too noob to understand