RE:Hexo MC = $600M (CAD)Marketcap = Shares out x Shareprice so that changes everytime the SP goes up or down
Next Earnings Report is expected in the first week of Nov 2021 and will include HEXO + Zenabis Numbers
Zaybure wrote: The market has pretty much decided that Hexo's MC is about $600M ---->( Pre PO, 150M shares X $4, Post PO, 200M shares X $3). Now it will perform more or less as the sector will. The only breakout is that an ER shows a substantial increase in revenue. But we won't know that before Feb 2022, as the ER will then include the Redecan's numbers. In the meantime a new CPG company might create some hype, but only temporary. Hexo's SP will be decided by the bottom line: profitable or not.
GLTA.