RE:RE:RE:RE:RE:That’s a good buy buy maybe 0.18Funny you ask. This is not a mature industry and the vast majority of companies do not make any profit. This explains part of the interest in Nextleaf.
Fair question however. With Nextleaf very likely to announce profits in the coming months, we all wonder what would then be a ratio-based share price.
But wrong question still. A good part of Nextleaf's value is in IP, current outstanding technology and major prospects (US market, coming work on mushroom and contaminants, etc.). It would therefore be ill-advised to base its share price only on a multiple of the money it currently makes on Glacier Gold products.
But you will find individuals on this board who want to keep it simple and will only listen to the ring from the cash register. One wonders why they invest in OILS.