TSXV:RHT.H - Post by User
Post by
Ducksoup000001on Sep 14, 2021 2:48pm
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Post# 33855964
Must read - How undervalued on current pullback
Must read - How undervalued on current pullbackUse as ball park estimates to get a fair value from existing info:
Data per Company
1. Revenue of CAD 2 million per month by the end of Year 2021
2. Average 40USD per patient per month
Calculation result
projected onboards minimum of 40,000
Historical data on price
1. CAD 2.62 on 140 million o/s shares for 66,000 onboards by the end of Year 2018
Calculation
projected share price to reflect 40,000 patients is CAD 1.17 minimum.
So at this point without further confirmed data I maintain my year end target of CAD 1.25.
So the present pullback makes sense as the stock is fully priced to the year ended with available info. That is why new contracts today is so small in scale the market shrugs it off. The company chooses not Thursday but today to release the news seems desperate to boost the price but is sadly in vain. Nevertheless we have a buying opportunity now for both traders and bagholders alike.