RE:HexoZach revenues estimate of $14M or $19M CAD or +10% vs last quarter will be a disappointment in my opinion.
Value Added on net sales is 35% and last quarter OVERHEAD cost was about $20M. Applying 75% of the OH cost :
FCST sales : $19M
VA : $6.6M
OH : 75% of last quarter - $15M
Loss : ($8.4M)
Loss/share : (0.03)
Based on LQ outsanding shares : 285M
50% loss or ($9M) on $19M revenues...
It will need a major influx of sales before the MJs sector start seeing some profit out of this.... so Long Long play....