TSXV:EVE.H - Post by User
Comment by
Jarredon Sep 16, 2021 9:03pm
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Post# 33875615
RE:Share Price has PLUNGED 72% since Dec 31/20 Consolidation
RE:Share Price has PLUNGED 72% since Dec 31/20 ConsolidationI think the big question here is how much longer EVE can survive without another financing and what kind of terms they would get with a financing as they don't appear to be in any kind of strong bargaining position. Any company lending them money would have to see some hope of them at least breaking even.
I hope they can turn it around but I just don't see what their competetive advantage is. Too many companies jumped into the cannabis space thinking it was the road to riches when it was not. Plus tax loss selling is right around the corner.