RE:RE:RE:RE:HEXO Merger or Acquisition ? (Here's Who & Why)thanks for the info Quinlash, however, an easier way to convey what i am thinking is this: If HEXO had zero debt right now, what would they be worth (relative to other LP current market cap)?
For example, if they are actually worth 1.25 bn market cap (similar to sndl right now), then subtract their debt of approx 3/4 of a billion to arrive at 1/2 billion. 1/2 billion divided by number of outstanding shares should equal fair market value for current share price. In reality, the current market cap is approx $400 million, therefore, using my calculation above it would show that HEXO is currently undervalued by 25%. I do know however that the SP also reflects sentiment toward the stock, therefore i understand why it is priced lower right now.
Or perhaps HEXO, relative to other LP's is worth $2bn, it is all according to what metrics you compare with.