GREY:ALEAF - Post by User
Comment by
phiIip1on May 04, 2021 3:13pm
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Post# 33125021
RE:Bought 20k more shares
RE:Bought 20k more sharessthinei wrote: Not a shock after a parabolic rise. Also aleaf has pretty much run with sector and somd of these names not worth it. Ah being thrown out with bathwater. Example SNDL (Sundial) has market cap of 700 million, major dilution, 60 million in revs expected this year so yrading above 10x revs. Even if AH has avg price per gram of $2.50 which is low ball you are likely looking at least $150 million in revs in fy 2021. There is no pot stock trading at 3x revs but if we assume even that low multiple we can assume a price of at least 1.50. In addition to that AH may actually be profitable in Q1. Aleaf need to do a reverse split get on nasdaq and get some analyst coverage. Reverse splits seen as weakness when attempting to maintain status on those markets not when initially coming to market.