Today's Conference in New York - HEXO CFOI was watching the livestream today of the Cannabis Conference where the CFO of HEXO presented a slide illustrating the comparison of HEXO to peers within the sector. The slide showed MarketCap for HEXO vs. Canopy and Tilray and projected out where HEXO's marketcap should be if it were trading on a comparable earnings ratio. The slide showed a market cap of just over 5 Billion Dollars, placing fair market value per share of HEXO Corp at apx $18.50.
As soon as a link is available to the video I will share it. If anyone else comes across the link first please share across any other forums yoy may be a part of for the benefit of all shareholders who may be (IMHO) unfoundly worried about the drop in shareprice over the last number of months.
Personnally I have no plans to post shares for sale below $15 CDN regardless of how long the wait time is.
DYODD
Q
- Long on HEXO Corp.