TSXV:RHT.H - Post by User
Comment by
ryang999on Aug 24, 2021 10:03am
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Post# 33754251
RE:RE:Trading Observation
RE:RE:Trading Observationit does NOT have to be 4 dollars to be listed on Nazdaq, it can be 2, 3 dollars if other conditions are met.
Yes, at 74 time 2021 revenue, it will be worth 10 dollars a share. but why not 1000 x 2021 revenue, that way the share price can be 120 dollars a share?! fact is, the average multiple for tele health comapanies is 14 times EBIDA. Why is RHT so special that it is worth 74 time foreard looking sales?
3burtc wrote: With a run rate of 24 million exiting 2021 and a multiple of 74 times revenues we should be north of 10 dollars at the start of 2022 and exit the year in the 25 dollar range assuming 120 000 patients generating revenue. Listing on the Nasdaq will require atleast 4 dollars.