TSXV:EVE.H - Post by User
Comment by
Toweringmarson Oct 01, 2019 3:04pm
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Post# 30183452
RE:RE:RE:EVE Insiders hold more than 50% of the float and they are...
RE:RE:RE:EVE Insiders hold more than 50% of the float and they are...Are you guys really flirting with the idea that being a takeout target would be a good thing? Incase you havnt noticed everyone that's been taken out so far had to take huge haircuts and most shareholders lost out in a big way... HIP shareholders got fractions of a share of hexo at like $9. Wayland shareholders are getting royally fkt with shares of WRLD.u and Cry. Emblem shareholders are down over 50% since the Aleafia takeover.
To be taken over at this stage, youd better hope your average is in the low twenties.
Not to mention very few companies are horny for capacity atm. They're busy trying to turn what they have into some sort of profitable model. Heck ACB won the italian tender to supply the country at like $2.00/gram and underbid everyone by almost 50%. Why? Because once they're full capacity comes online it will be a race to find places to sell it. Securing deals is the way to go, and EVE has done a good job with the Germany awards. I'd now like to see them expand elsewhere in the EU.
Also, being new here, can anyone address the reasons as to why revenue fell on its face the last quarter vs the first quarter? Possibly due to lack of perpetual harvest? And lastly, it seems like EVE has real low projections on their capacity relative to peers. Is this just Melinda being conservative with her numbers, or are the yeilds really that low per SF?