TSXV:RLV.H - Post by User
Comment by
Loudermilkon Dec 03, 2017 12:56am
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Post# 27079630
RE:Anyway...
RE:Anyway...Did the Hempco deal change the market cap for RLV? No. It just changed the sector, a sector with a lot more interest than just nutraceuticals. The most important aspect is the revenue, companies with less than no revenue trade at multiples of Relevium in the same sector. Of course due to the aquisition there are some shares to eat up but once they are gone the share price will trade at fair value for a company selling MJ products. Until then there's some buying opportunities in the low twenties, December's a great month for opportunities, maybe high teens even. There isn't tonnes of time left in this bull market but there's enough to make a bit of coin off of RLV so just bide your time and pick some shares on the cheap, there may be a gap to fill @ 0.16, who knows, but this is not a bad company to own shares in as demonstrated by recent share performance.