OTCQB:EMHTF - Post by User
Comment by
VENManon Apr 01, 2019 9:09pm
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Post# 29567150
RE:RE:RE:RE:Tsx listing
RE:RE:RE:RE:Tsx listingGT - Remember when ACB was buying up all it could and moving very quickly trying to grow it's company as fast as it could and CMED was just dragging it's feet doing nothing and then out of the blue a hostile bid came in from ACB to buy CMED out and CMED Management was very upset. EMH seems to be just like CMED. While other companies are growing and moving EMH seems to just be happy sitting on the venture exchange. I think they have to be careful or they could get bought out because VFF will move production along quickly and upto 150,000 klgs which accounts 50% or 75 million grams to EMH. At a dollar EPS per gram that is $75M / 162M Shares = .46 EPS potential X 20 PE Ratio = $9.20 per share.
So the question is how long is the market going to let a company with a very attractive valuation potential of $9.20 per share sit on the venture exchange before someone comes along and offers a stinky 30% premium, takes them over and cleans house!
ALL imo!