GREY:CBICF - Post by User
Post by
Skilldrizzleon Feb 09, 2018 12:13am
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Post# 27531447
Ok ppl
Ok pplJust want clarify things... yes there are quite a few shares of mpx but you look at their market cap plain and simple I’m gonna do a quick comparison for all ppl that have no idea about market cap.
Aphria: 6.17 million in revenue on last quarters (Jan) market cap of 2.51 billion, market cap to revenue ratio is 372. The average for the entirety lp group is between 200-250.......
mpx: 4.4 million in revenue and next quarterlies are looking very nice for an increase, market cap 255 million. Market cap to revenue ratio is 28.9!!!!!this company is the sleeping giant of this sector, if you believe USA will legalize medical mj completely this stock is a super no brainer. I personally have 50k myself in at .80 and I’m very happy with that. Even at 4 x increase in market cap with current revenues it’s still far below the industry average... nothing to mention it’s excellent expansion plans! I hope this helps ppl understand how great of an opportunity this really is!