TSXV:RHT.H - Post by User
Post by
Aei773ouon Jul 08, 2020 6:28pm
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Post# 31242227
Some thoughts on the price
Some thoughts on the price Pure observation starting this week - the price negatively reacts in correlation with the surge in new Covid cases in the US, more prominently so for the spike in Texas and Florida. I am curiously watching if the market is in process to price in no growth in revenue until the fair value is reached. Last time it was 0.22 before a bounce in mid March. This time with about 10% more outstanding diluted share count and so could it goes down to 0.2 and then a rebound? It seems quite possible as there is already some discussion that more stock option may be on the horizon. It suits the purpose to issue option at the low price and then expect an uptick to follow. In fact that is how contractors/employees get paid by exercising their options. Just my 2cents.