TSXV:RHT.H - Post by User
Comment by
PoorOpinionon Jul 25, 2018 10:59am
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Post# 28364574
RE:The price
RE:The priceSo you're pushing a perfect fantasy scenario (100% onboarding in a year)while the market is in the real world waiting to see if newly implemented processes are actually going to work. Maybe imagine other scenarios than perfection.
theinvestor22 wrote: Being conservative (by not including anything for cash on hand or potential additional patients at Rio Grande due to the addition of doctors there), at $1.68 the market is giving Reliq about 2.7 cents in price for each thousand patients under contract.
The actual calc is $1.68 / 62.2 = $.0270 = 2.7 cents
Given that estimates of RHT stock value when fully onboarded range from 5 to 6 cents and given that all patients should be onboarded in about a year, the current price seems awfully low to me.
And, of course, this doesn't include a whole lot of big potential going forward.
A great entry point perhaps...