TSXV:EVE.H - Post by User
Comment by
MJVigilanteon Feb 05, 2020 4:59pm
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Post# 30648247
RE:EVE vs Green Organic Dutchman
RE:EVE vs Green Organic DutchmanZepfanatic wrote: Can someone please explain to me how a company like TGOD, with 100,000 sq ft of growing space and only 0.6 million in revenues for the last quarter, has a market cap of 209 million vs EVE with 1,000,000 sq ft growing space and 0.9 million in revenues for last quarter, only worth 41 million?
the amount of $ the banks have invested. Don't be fooled by market cap. It shows sentiment and bank manipulation/promotion... Look at the metrics. clear winners appear. Debt ratio, cash burn rates ...
If EVE survives market cap will increase sig. EU GMP will boost, fall and then shipments to europe will bring in profits that increase SP/ MC. It wont be until after that we know the true value of the shares. until then i expect no love for EVE aside from temporary news related increases.