Post by
PortlandBlazer on Nov 18, 2021 6:07am
Debt Equity Ratio is 1.37, shares are artificially depressed
On November 8 at 11:45 pm, I showed my calculations that the current Debt Equity ratio is 1.37.
For his / her / their own reasons, RebeccaG continues to push a number of 71 x without a shred of evidence or calculations of numbers from source documents. I'm sure she has a bashing agenda.
There's no question the share price has been beaten down by RebeccaG / Boddington.
But the key to when a share price will rise is when the fundamentals are much better than the share price. The share price is not under the control of management, but the business fundamentals are.
Comment by
420Chronic420 on Nov 18, 2021 11:26am
The issue in the near future is the fact they will give away more shares of the company at this reduced rate to even delute these shares even more. Until this is resolved and no longer needs to happen to keep the company above water it will continue to lose value and US Federal legalization is still years away it seems. So Jeff or Rebbeca or whatever seems to be correct.
Comment by
PortlandBlazer on Nov 18, 2021 7:45pm
RebeccaG, do you understand the difference between a primary and secondary source? By your posts, I don't think you have a clue.