TSXV:RHT.H - Post by User
Post by
Invester123on Mar 16, 2022 10:38pm
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Post# 34520736
Squeeze
Squeeze Just think about it.. The SP was hovering between $1-$1.3 since July. The earnings were about 500k/qr with the burn between 2-4mil per quarter. Now (in the next two weeks) we should be cash flow positive with earnings somewhere around 4mil/qr. That means that the SP should be somewhere in the range of $4-5 (assuming the same multiples). Ok, lets be conservative here and cut the multiples in half.. Still, it gives us $2.5 per share! Those f..ing penny flippers are really screwing us here! I say we buy all those cheap shares and hold them till they get to where they should be $2-$3 per share. Shouldn't be that hard..