RE:RE:green is good.. Duster340 wrote: Everything is green today, so really nothing to do with earnings. just a bit of a relief bid for all the markets. does anyone else have a prediction on the financials. i predict 23.2m revenue and will miss the lowbar estimate of 26.31m also a decrease in market share.
My prediction of 23.2m was almost dead on to the actual amount of 24.2m. also market share continues to decrease as predicted. surprise surprise looks like there will be more dillution on the way for shareholders. after the big sell-off that is coming they will be lucky if they have acces to a quarter of the companies 40m in the "at the market program" tough times ahead, i think hexo just might drag the whole sector down tomorrow.
the Company’s at-the-market program as initiated in May 2022, remains available to the Company (following certain legal and administrative filings) and authorizes the Company to issued equity up to US$40 million from treasury to the public, although the Company’s ability to access this entire amount may be affected by market conditions and the performance of the Company’s share price.