GREY:CHALF - Post by User
Post by
RebeccaGon Nov 02, 2021 3:12pm
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Post# 34078735
Market Cap plummets by 35MM since Q1/2021 by a 55% drop
Market Cap plummets by 35MM since Q1/2021 by a 55% drop The record lows stock price has caused the market cap to plummet (today) by $35million from Q1 $64million to toda's $29Million. This is approximately a 55% drop in six months. This will impact Q3 reporting regardless of Gross revenue as well as the negative profitability, negative EBITDA and the dismal Debt and Debt to Equity Ratio of 71.3 (each $1 Chalice owns, it owes $71.30 in debt)
All indicators point to a finish in the $0.50's for 2021 and similar pattern between $0.40 to $0.60 and no hope for even a 4.4 cent ($1.00) in sight.
BTW: I am not a basher, I am a small investoir who will not sell because it is not worth it.