RE:RE:RE:down 50% in 5 trading day...Do the math. Know what you own, and then you won't have to second guess anything. The only way this price makes sense is if biocloud is a complete and utter failure. Even selling 5,000 units at $10,000 CDN per unit (one-third discount) is $50 million. Add $20 million for 2021 smart building revenue run rate and you get $70 million.
At 2x revenue thsat's $140 million vs. current market cap of $110 million. Even fully diluted that is ~$135 million.
Does anybody here think they'll only sell 5,000 units of biocloud vs. a 12-month run rate of 240,000 units of manufacturing production?
The risk-reward at these prices is exceptional.
bobus99 wrote: its pretty rare you see 3 good news release in 6 day and stock take a 50% haircut for no reason unless it was pumped up... or there is massive short selling ongoing