RE:RE:RE:Hexo MasterpieceWhat are you talking about 400million at 23x... Dude get real, if HEXO was going to trade at 23x don't you think the share price would have rocketed today...? Investors are not st@pid....
If you look at Constellation Brands, they trade at about 4.4x net revenue (maybe you are mistaking it for net income (profit)), so at 4.4x that gives HEXO a market cap of 1.76 Billion (with 250 000 000 shares after they would aquire HIP, and not even fully dilluted mkt)
So yeah.....
Here you have it, sorry to pop the bubble...
On a positive note for sure HEXO will have a bigger market cap in the future, but for next year this is realistically what I'm expecting... And they already almost have that market cap.......
Cheers
TBM
Paul0208 wrote: They would be crazy to vote no. Where would they go alone? Only would disappear in a year or so. This makes a much stronger company. So just say 400 million at 23x where does that bring the stock price? They will benefit dearly on the deal in the backend. It’s not always what you see in front of you but what’s to come!