OTCQB:EMHTF - Post by User
Post by
Looneeon Sep 08, 2020 10:09pm
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Post# 31524912
value
valueSo, if they will have $100M CAD cash coming, assuming both sales close ok, and they have $52M in debt, leaves $48M cash plus a couple of facilities and overhead. What's the value of the facilites? The BC greenhouse on is built on land leased from the chairman. The other is a small lab I think.
With 200M shares, value would be 38 cents plus assets. Really, I don't see much more than 40 cents here if they just continue to burn until both deals close and can't put that money to work in a good way. This deal monitized a second asset but did it really add surprise value given we had a good idea of the value of PSF? EMH hasn't been over 30 cents since Jan 2020. No windfall here, VFF is the winner for better management.