RE:RE:Last text As a quick breakdown (again check the math yourselves)
hexo (Q ending oct 31) vs weed (Q end Sept 30)
-hexo has 21.7% the total revenue of canopy
-we only spent 7.5% of what they did for opex (they spent over 13x what hexo did)
-hexo has Approx a third of canopy's share count
-hexo EPS (-0.03) vs weed (-0.09)
-hexo ebitda (-102.27mm) vs weed (-665.84)
**hexo's mkt cap is over 16x smaller than canopy's...
...what do you guys think hexo's valuation should be. Either were low or they're high (pun entirely intended) or both
personally I like the time value of the warrants, but we will need to see some bug movement before things start moving. I need to see the warrant fair value math with the new numbers to see where we are at but based on the Cad warrant site using the 0.06332 ratio and not the 4-1 adjustment they show $0.47 as fair value so if you divide that by 4 it would be 0.11 ish... still seems like a deal to me but up to you to figure out where they stand for your investments.