TSXV:KHRN.H - Post by User
Comment by
Benedictuson Oct 02, 2019 1:52pm
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Post# 30188269
RE:RE:RE:All the sector is down ... just time to load .....
RE:RE:RE:All the sector is down ... just time to load ..... kyle, your .20 cent projection would value khrn at around a 22M market cap for a company projected to earn revs from 40 - 50M next year. So you believe khrn should sell for a forward psr of <.50 in one of the highest growth sectors in the market?!! I'm not buying it for a second.
I would agree their cash burn is steep as they aggressively pursue talent and continue their buildout and drag and drop strategy but overall this mgt is very competent and the timing of their last raise was excellent. So I just don't buy your logic. But if you have more compelling insights to add to justify your .20 price target, please share with the board.