RE:RE:RE:RE:RE:RE:Resistance at 0.31centsJohnale - I beleive Supreme has already caught up to OGI comparing both company's last quarter ER side by side (similar period). In fact, OGI reported an 11% QoQ reduction in sales while FIRE reported significant 54% QoQ increase.
Surpeme posted a
positive EBITDA of $3.6M while OGI posted a
negative EBITDA of $6.4M
Question is whether FIRE will catch up to OGI valuation, or will OGI drop down to FIRE's valuation...
johnale wrote: Share count is irrelevant when comparing apples to apples market cap and or more precisely - enterprise value.
supreme will catch ogi, it's a matter of time. I'm impatient so I want it tomorrow. But I understand how this works.
either way - 1/4 the enterprise value is a ludicrous discount to a peer.
1PumpChump wrote:
the comparison between supreme and organigram cannot be made equally. Yes there is a large price difference and yes revenues are close to the same but total share count sets them apart.