TSXV:EVE.H - Post by User
Post by
MJVigilanteon Oct 29, 2019 11:18am
106 Views
Post# 30281457
current market
current marketThere is very little appetite in the market for a player like Eve & Co. at the moment. NR's will only have a small and short lasting effect.
Eve needs profit to bring up the share price.
Expansion is generally not profitable prior to operation. I do not expect big moves in share price until we get information on sales and profits.
That being said i think we will profit 1/2 our current market cap in 2020. Sales to europe will materialize as will more topical and edible products.
Sales will bring in the required capital to develop these lines. so perhaps a dribble of NR's about sales would move share price. i do not believe much else will.
i know my collective energies have not been sufficient.
I cannot understand the current valuation vs any of its recognized peers.
We even outperform the "bigs" in terms of profit.