RE:If I am correct -> HEXO worth over $1 USDQueerlash says Hexo's share price is $1.30 CDN - if his calcualtions are correct.
Previoulsy, his calculations showed Hexo at $100. by May of 2022.
I think queerlash should take some 'rithmatic and cipherin' classes.
quinlash - (11/16/2022 2:27:08 PM)
If I am correct -> HEXO worth over $1 USD
I have noted that I am using ratio math to compare the shareprice of HEXO Corp to others within the same sector that have the same business model etc. If my calculculations are correct the SP should be well north of $1 USD if the shares were trading at a comparible level. I am not disclosing exactly what those numbers are however I will consider doing so outside of tradng hours to allow everyone time to review the math used to support the fair value estimates.
I will say this, I have no problem adding shares at (or slightly over) .40 and will be picking up my next block of shares prior to end of Nov
I have also noted many times that I invest for the long hauls, for Cannabis stocks I am invested for US Legalization.
quinlash - (11/16/2022 2:27:08 PM)
If I am correct -> HEXO worth over $1 USD
I have noted that I am using ratio math to compare the shareprice of HEXO Corp to others within the same sector that have the same business model etc. If my calculculations are correct the SP should be well north of $1 USD if the shares were trading at a comparible level. I am not disclosing exactly what those numbers are however I will consider doing so outside of tradng hours to allow everyone time to review the math used to support the fair value estimates.
I will say this, I have no problem adding shares at (or slightly over) .40 and will be picking up my next block of shares prior to end of Nov
I have also noted many times that I invest for the long hauls, for Cannabis stocks I am invested for US Legalization.