RE:Market Cap of any company dictates price of stockCanopy, Aurora , Tilray, Cron, wont be trading at a P/E of 12 for another 15 years. Bank stocks trade at those multiples.
CanInv001 wrote: Although Aurora had some great news lately, the market cap is now at 12B+... meaning that if you want a 12x P/E they would have to be earning 1B annually... this will only happen when US is completely legal.
some smuck put out a link that says that AURORA will be at $75US ... that would put Market cap at 100B CAN ... come on!!!
we are now at overvalued status...
for anyone who says otherwise ... post your numbers and projections (realistic ones) to make your case.