GREY:LXLLF - Post by User
Comment by
scissors14on Jul 23, 2019 2:47pm
198 Views
Post# 29951938
RE:RE:RE:What I meant to say was...
RE:RE:RE:What I meant to say was...Breakeven with 92 million fully diluted shares out x $11.10 per share is a market cap of $1,021,200,000.
Yes, that's over a billion dollars.
While I admire your optimism sometimes reality/fact gets in the way.
Even at $1.70 the market cap is $156,400,000.
They reportedly have $4.6 million in the bank and are burning through $1 million a month.
Even more shares are about to be issued.
This is not a future scenario that bodes well for retail investors.