RE:Very likely this company will succeedMiner1967 wrote: As this company is one of the most well runned in Canada, on these business.
GMP Securities analyst Martin Landry says he sees Aurora generating "EBITDA of $11.2-million on revenue of $69.7-million in fiscal 2018. He expects those numbers will improve to EBITDA of $101.2-million on a topline of $293.5-million for 2019.
If the company continue like that, then about 2023-2025 the market cap of 5 BILLION could be justified.
The problem is, you buy these prospects now, and they are already FULLY priced.
Still, you can make money here as the uptrend continues, but keep in mind that one day the smart money will leave for safer investing destinations, with their huge gains in their pockets.
Good luck to all.
I hope you see now what I mean. The $14 a few days ago is $8.50 now. That doesn't mean the sp will go lower everyday, but at some point the hype will be vanished and the stock will find its balance. After that, this company's prospects are good and for the long term it will go well.
But for now, some of the funds will find safer investing destinations, less exciting though. Precious metals maybe? They look better than energy with WCS differential still high and Station 2 NG prices beaten down.